Radioshack Now Offering US Cellular At Select Stores
Radioshack and U.S. Cellular today announced a new distribution agreement that puts U.S. Cellular's devices on shelves in select Radioshack stores. U.S Cellular products and services can be purchased at 83 Radioshack locations across 12 states, including California, Illinois, Kansas, Maine, Missouri, North Carolina, Nebraska, New Hampshire, Oklahoma, Virginia, Wisconsin, and West Virginia. Radioshack is offering U.S. Cellular's postpaid plans, which include unlimited voice minutes and messaging, and various buckets of data. Radioshack also sells AT&T, Sprint, and Verizon Wireless postpaid service, as well as some prepaid services, including Sprint's Boost Mobile brand.
RadioShack Declares Bankruptcy, to Sell Stores to Sprint
RadioShack today filed for Chapter 11 bankruptcy protection and signed an agreement to sell approximately 1,750 of its stores to Sprint. Under the terms of RadioShack's Chapter 11 filing, RadioShack will sell the stores to Sprint and General Wireless, a subsidiary of one of RadioShack's major investors.
Judge Approves Sale of RadioShack Stores
A U.S. judge has given RadioShack permission to sell its 1,740 stores to Standard General, a hedge fund that plans to operate the stores with Sprint.
Sprint to Open 1,435 RadioShack Stores April 10
Sprint said it will re-open 1,435 RadioShack stores tomorrow that it acquired from General Wireless. The move will double the number of company-owned stores and give Sprint a much wider retail footprint around the country.
Sprint May Scoop Up Half of RadioShack's Stores
RadioShack and its creditors might sell half the company's stores to Sprint and close the remaining locations, reports Bloomberg. Sources familiar with the companies' plans suggest Sprint would rebrand the RadioShack stores, which would cease to exist as stand-alone electronics stores.