Phone Scoop

printed October 10, 2015
See this page online at:

Home  ›  News  ›

Sprint Eying Spectrum Purchases Beyond Clearwire

Article Comments  

Feb 20, 2013, 11:33 AM   by Eric M. Zeman   @phonescooper

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.

more info at Bloomberg »



This forum is closed.

This forum is closed.

No messages

Page  1  of 1

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Subscribe to Phone Scoop on YouTube Follow on Instagram


All content Copyright 2001-2015 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.