Sprint Continues To Snatch Up Affiliates
Dec 16, 2005, 2:51 PM by (staff)
Sprint Nextel has finalized a deal to purchase another Sprint affiliate Enterprise Communications. Sprint will pay $98 million for the affiliate, which covers parts of Alabama and Georgia. They will also pay an additional $2 million for spectrum owned by Enterprise. Enterprise will be the fifth affiliate the company has purchased, but more are still holding out. Ubiquitel and Horizon still have outstanding lawsuits against Sprint Nextel, and this week Sprint lost a round to the companies when a judge refused to drop Ubiquitel's suit.
|Wasn't Sprint in financial trouble not long ago?||evilbstrd666||
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