Sprint Snaps Up Affiliate
Jun 13, 2007, 11:01 AM by (staff)
Today Sprint acquired Northern PCS Services, one of its affiliate partners, for $312.5 million. Northern PCS is based in Minnesota and provides Sprint services to certain markets in Minnesota, North Dakota, Wisconsin and Iowa. Sprint will assume a portion of Northern's debt. The acquisition should close in the third quarter of this year.
Verizon and T-Mobile Agree to $173M Spectrum Swap
Verizon Wireless and T-Mobile have agreed to exchange AWS-1 and PCS spectrum in dozens of markets around the country in a deal valued at $173 million. The spectrum in question covers portions of Arkansas, California, Illinois, Indiana, Iowa, Kentucky, Massachusetts, Minnesota, Mississippi, Missouri, Montana, New York, North Dakota, Ohio, Pennsylvania, South Dakota, Tennessee, and Virginia.
Sprint Touts Network Progress
Sprint today offered a snapshot of the progress it has made deploying LTE around the country. According to its fourth quarter earnings, Sprint's LTE network now reaches 270 million POPs, up from 260 million in the previous quarter.
Sprint Signs Roaming Deal with Cuban Carrier
Sprint today said it has cut a roaming agreement with Telecommunications Company of Cuba (ETECSA). Sprint is the first U.S.
Sprint Allowed to Settle Cramming Charges for $50M
Sprint has settled accusations with the Consumer Financial Protection Bureau that it over-billed customers for unwanted services. In May, the FCC fined Sprint $68 million for adding third-party services to customer bills without customer permission — a practice known as cramming.
Sprint Falls to Become No. 4 US Carrier
Sprint reported its second quarter earnings today and the numbers reveal it has fallen behind competitor T-Mobile in the total number of customers. T-Mobile, which gained a total of 2 million new customers during the second quarter, reported a total customer base on 58.9 million.
Nextel18, where are you?
Are we actually relying on Nextel18 for insight?
Sprint should continue to do t...
What does this mean?
Acquiring network and customers?