Boost Mobile Founder Wants to Buy Back Service, Prevent Deal by Dish

  • Peter Adderton founded Boost two decades ago, wants it back
  • Offer adds twist to Charlie Ergen’s plans for prepaid business
Photographer: Rafael Henrique/SOPA/LightRocket/Getty Images
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The founder of Boost Mobile wants to buy the wireless service back and keep current owner Dish Network Corp. from merging it with a blank-check company controlled by Chairman Charlie Ergen.

Australian Peter Adderton said by phone from Sydney on Thursday that he’s preparing a bid for Boost and has talked to at least one major private equity shop about financing the deal. He’s been trying to get the business back since he first sold it to Nextel in 2003.