Sprint will pay $105 million for network spectrum licenses held by Wirefree Partners. The 10 MHz of radio space is in the 1900 band, and covers territory including Austin, Seattle, Cincinnati and Virginia Beach. Wirefree originally bought the license at auction in 2005 for $150 million, beating rivals Verizon Wireless and Leap.
While these fanboys continue to boast saying LTE >Sprint/Clearwire 4G, Sprint continues to buy more spectrum. They are not understanding the importance of that strategy. The fact they could switch to 802.16e Enhanced, and have LTE trials at the same time is amazing.