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Sprint Nextel (S -1.2%) agrees to to pay $480M to U.S. Cellular (USM) for PCS spectrum and...

Sprint 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)
Comments (3)
  • Sounds like a good deal.
    7 Nov 2012, 08:46 AM Reply Like
  • Sounds like a good deal. Sprint however should address very poor connections in NY suburbs.
    7 Nov 2012, 08:50 AM Reply Like
  • Once Sprint fully gets the 8b from Softbank, they should buy all of US Cellular. Integrating their 700MHz LTE spectrum will be a challenge, but the enhanced rural coverage (including cellular 850MHz for voice & 3G) would allow them to really threaten the att/vzw duopoly. Also, I think they should look into leap wireless. They would have to sell off the AWS spectrum to T-Mobile (or att/vzw), but they might be able to work out a trade for more PCS spectrum. Leap's problem is that they are all prepaid and cheaper plans, but their spectrum licenses cover a larger area than their service actually reaches currently. If sprint was able to add that spectrum to their existing towers & place their spectrum on leap towers that weren't redundant, that would help their competitiveness as well.
    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...
    7 Nov 2012, 09:18 AM Reply Like
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