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Dish stock jumps after company announces Amazon cloud deal for 5G buildout – CNBC

The tie-up with Amazon could help Dish quickly establish a foothold in 5G as consumers begin to travel again.



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Shares of Dish Network closed up nearly 11% on Wednesday, reaching prices not seen since mid-2019, after the satellite TV company announced a partnership with Amazon Web Services to deploy a 5G network on the cloud provider’s infrastructure.
Dish, in addition to distributing video, is attempting to become the fourth national wireless player, behind T-Mobile, Verizon and AT&T. The deal with Amazon is an essential piece of Dish’s plan to develop a network from scratch that can more efficiently deliver…

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