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Sprint Snatches Up Wirefree's Spectrum

Article Comments  15  

Aug 10, 2010, 10:41 AM   by Philip Berne

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.

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Sin City

Aug 10, 2010, 11:47 AM

Hilarious

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.
Amazing is right! I'm really impressed with the moves Sprint has been making in the past couple years.
Sprint has definitely stepped up the aggressive moves. We will be hearing much more out of Sprint from now and through the next year.
...
This reminds me of the old Marvel comics where the superheroes always seemed to come to blows before realizing they were all on the same side.
...
justfinethanku

Aug 10, 2010, 11:40 AM

Hope they got some good use out of it!

Sounds like they took a pretty hefty $45mil hit!
Yeah, I thought that was pretty funny too. $45 mil in 5 years - that's worse than buying a new car! Depreciation is a real pain...
 
 
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