This story was originally published and last updated .
Dish has officially completed the acquisition of the merged T-Mobile's mandated divestiture of its various prepaid carriers — now all under the Boost Mobile umbrella — valued at $1.4 billion. With new ownership comes immediate changes such as a modified logo and new rate plans effective tomorrow.
Boost will slim down from three plans to two. One is called "$hrink-It!," which provides 15GB of data for an initial rate of $45 per month before dropping to $40 after three on-time payments and then to $35 after six — the company offered a similar Shrinkage scheme until July 2014. The other plan allots 10GB of data with unlimited talk and text for a flat $35 per month.
As it stands today, there's a $35 rate plan that includes 3GB of high-speed data, unlimited low-speed data as well as talk and text, a 480p cap on video streaming, zero-rate music streaming, 12GB of high-speed mobile hotspot, and a complimentary 6-month subscription to TIDAL. The $50 tier quashes the high-speed data cap while the $60 plan raises hotspot allowance to 30GB and the ceiling on video streaming to 1080p.
We're working to get more details about the new plans from Boost and will update this story when we have more information.
For the new $35 plan, titled "Everything You Need," the 10GB data allotment is hard-capped — no low-speed data is provided. On the $hrink-It! plan, customers can achieve each discounts with non-consecutive on-time payments. After 15GB on LTE, users can pay an overage rate of $5 per gigabyte to retain standard speeds or else be throttled to 2G levels. In both cases, mobile hotspot use is included and draws from the monthly allotment.
Dish looks to be offering the new plans with the old ones if the website is anything worth going by. That means the existing $35 plan with unlimited low-speed data and 3GB of LTE remains in play.
Fine print for the new plans gives off the impression that they are just introductory promotions and won't be around for too long.
Since the merger of Sprint and T-Mobile, Boost Mobile customers with compatible phones have been able to natively use the combined cellular networks for service. Now, new customers will be able to bring their own suitable phone to use with Boost.
Dish is also touting its progress on procuring vendors for its standalone 5G network, having selected Altiostar, Fujitsu, and Mavenir so far. Chairman Charlie Ergen told investors on an earnings call he hopes to have one market online by the end of the year.
The acquisition includes subscribers of Boost Mobile, Virgin Mobile, and the former Sprint's prepaid division.