Tucows transitions to become a mobile services enabler, sells its mobile services customer base to DISH

Prashant Sharan

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Company switches from selling mobile directly to consumers to providing MVNO platform.

Tucows (NASDAQ: TCX), a domain name, fiber internet access, and mobile services provider, is selling its mobile services customer base to DISH (NASDAQ: DISH).

DISH will not pay any consideration upfront but will pay Tucows an earnout on the customer base over time. Tucows said the transaction will be neutral to slightly negative for 2020 EBITDA.

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