Sprint Eying Spectrum Purchases Beyond Clearwire
Clearwire's spectrum won't be enough to sate Sprint's needs, according to CEO Dan Hesse. "Clearwire would give us a strong spectrum position for a period of time,' said Hesse to Bloomberg, "but we also have a very long-term view, and we would want to acquire more spectrum." Sprint is currently seeking regulatory approval to purchase the remaining 49% of Clearwire that it does not already own. Doing so will give it complete access to Clearwire's 2.5GHz spectrum. Ultimately, however, Sprint will need more in order to compete with AT&T and Verizon Wireless. "Given the increases in data usage we are seeing, we will continue to be interested in spectrum as it comes to market. It could be more deals like spectrum from other companies like we did with U.S. Cellular or it could be FCC auctions." Hesse stopped short of announcing any new deals, however. Sprint itself is in the process of selling a 70% stake to Japan's Softbank for $20.1 billion. Both that sale and its Clearwire acquisition are awaiting government approval.
Sprint's WiMax Shutdown May Halt Service for Charities
Sprint plans to deactivate its WiMax network on Nov. 6, but some charities say the change will eliminate internet service for some 300,000 Americans altogether.
Verizon and T-Mobile Agree to $173M Spectrum Swap
Verizon Wireless and T-Mobile have agreed to exchange AWS-1 and PCS spectrum in dozens of markets around the country in a deal valued at $173 million. The spectrum in question covers portions of Arkansas, California, Illinois, Indiana, Iowa, Kentucky, Massachusetts, Minnesota, Mississippi, Missouri, Montana, New York, North Dakota, Ohio, Pennsylvania, South Dakota, Tennessee, and Virginia.
FCC Approves AT&T Spectrum Purchase from Kaplan
The FCC has given Kaplan Telephone Inc. permission to sell several spectrum licenses to AT&T.
Sprint to Skip 600MHz Incentive Auction
Sprint today said it will not participate in the 600MHz reverse auction planned for next year. The company believes its spectrum position is "sufficient to provide its current and future customers great network coverage." Sprint owns significant amounts of spectrum, but much of it is concentrated in the 2.5GHz range.