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Sprint Nextel (S -1.2%) agrees to to pay $480M to U.S. Cellular (USM) for PCS spectrum and...
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Wednesday, November 7, 2012, 8:08 AM ETSprint Nextel (S -1.2%) agrees to to pay $480M to U.S. Cellular (USM) for PCS spectrum and 585,000 subscribers in Illinois, Indiana, Michigan, Missouri and Ohio. The deal, which includes the assumption of liabilities, will "significantly increase Sprint's network capacity and improve the customer experience." (PR)
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This news story has 3 comments:
Overall, I am happy to hear they are doing deals, but I would like to see details on which customers sprint is getting and how much PCS spectrum is involved in the deal. Also, why is USC paying with customers & spectrum, as these are the 2 most valuable assets for a wireless company...