Sprint Nextel Buys Paging Network
Dec 19, 2005, 2:15 PM by (staff)
Sprint Nextel announced plans to buy Mobitex service provider Velocita Wireless. Velocita operates a Mobitex 2-way paging network in the 900 MHz spectrum. Due to the decrease in paging subscribers, Sprint will be able to use Velocita's network to boost Nextel's coverage in some areas without affecting Mobitex customers. The acquisition is expected to close in the first half of 2006, pending government approval.
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