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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 1,758-1.7%Oct 18 12:00 AM EDT

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From: JakeStraw6/7/2019 8:35:28 AM
   of 163887
 
What Amazon Might Want With Boost Mobile
wired.com
Why might the retail-and-cloud-computing giant be interested in buying a wireless network? In the near term, Boost would give Amazon another service to sell. The company has been expanding its portfolio of Amazon-branded products, from batteries to apparel to kitchenware. Amazon already sells phones and, via third-party sellers, prepaid SIM cards. It's not much of a stretch to think that Amazon could sell phones bundled with an Amazon-branded wireless service.

Longer term, the acquisition could tie into Amazon’s efforts to gain more control over the networks it relies on to reach customers. Everything from its Echo devices to its Prime Video streaming service to its potential delivery drones relies on internet connectivity provided by other companies.
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