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Masayoshi Son Would Consider Selling Sprint Spectrum

Article Comments  8  

Feb 6, 2015, 11:08 AM   by Eric M. Zeman

SoftBank CEO and Sprint Chairman Masayoshi Son indicated he'd be willing to sell some of the company's 2.5GHz spectrum assets to keep Sprint funded. Sprint gained a massive amount of 2.5GHz spectrum holdings when it purchased Clearwire. The value of that spectrum has increased tremendously over the last year and is worth more than Sprint itself. The company has received offers for the airwaves. "Sprint has a lot of spectrum compared to other companies," said Son. "In 2.5GHz, it has the biggest bandwidth in the world. Suddenly, what was undervalued in people's view has become very precious." There are no immediate deals in the works, however, and Sprint CEO Marcelo Claure said Sprint's interests come first. "We are open minded to business arrangements that could generate long-term shareholder value," said Claure. "But, first and foremost, spectrum is to be used for Sprint, and then we will look at extra spectrum to see if there's any interest." Sprint is currently deploying LTE on its 2.5GHz spectrum. Analysts cited by Bloomberg believe Sprint is burning through cash too quickly and may be forced to sell the spectrum eventually.

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JJinNYC

Feb 9, 2015, 12:52 AM

This spectrum is garbage

It can't penetrate a fly, it would take a gazillion towers to provide the same coverage has AWS/PCS so how is it valuable?
Microcells are the near future advancements in network coverage for city areas. Antennae inside and outside of buildings. No need to worry about building penetration when the antennae are inside. 2.5ghz propogates at a much faster rate. This is ideal ...
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gloopey1

Feb 6, 2015, 11:20 AM

Wrong Again

All the idiots who said that Sprint's acquisition of Clearwire was mistake because LTE was the future -- well, now everybody wants what they have.
It wasn't that LTE wasn't a good idea. It was, and it will be for another few years. But in the long run, the clearwire spectrum will be worth a ton. The problem is, most carriers are short sighted and only concerned about the next fiscal year. See, V...
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The acquisition of the company Clearwire was wrong, it was in debt, was providing not only limited service areas, but on top of that, the WiMAX technology itself was limited in what it was able to do over LTE (There is fixed and mobile WiMAX, Clearwir...
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