Lightsquared May Lease Network Access from Sprint
Citing people familiar with Lightsquared's plans, Bloomberg today reports that Lightsquared is in talks with Sprint to purchase or lease wholesale access to Sprint's network. Sprint is planning a $5 billion network overhaul, which is says will leave it with enough extra capacity to offer to companies such as Lightsquared. Lightsquared is planning to offer a nationwide Long Term Evolution network that competes with AT&T and Verizon Wireless. It has spectrum of its own and launched a satellite in late 2010 which will complement its terrestrial network. It announced last week that it has already signed up two wholesale customers of its own. It's not clear exactly what spectrum Lightsquared is interested in using, nor what network technology, as Sprint itself uses 2.5GHz for WiMax. Neither Sprint nor Lightsquared offered comment.
Sprint Offering Two-For-One Lease On Samsung Galaxy S8
Sprint today finalized its retail plans for the Samsung Galaxy S8 and there's good news for consumers. The company is offering a two-for-one lease deal on the S8 with a new line activation and one upgrade, or two new line activations.
Sprint to Relocate Cell Sites In Bid to Cut Costs
Sprint hopes moving its radio infrastructure away from privately held companies to government-owned land and/or structures will help shave $1 billion in costs, reports Re/code. Sprint leases cell tower access from Crown Castle and American Tower, and lease rates are a significant part of it operational costs.
Sprint Retires 'Spark' and Launches 'LTE Plus'
Sprint is rebranding its LTE 4G network in an effort to call attention to the technology involved in making the network tick. Sprint LTE Plus replaces the Sprint Spark name for the company's tri-band LTE network, which uses 800MHz, 1.9GHz, and 2.5GHz.
Sprint to Skip 600MHz Incentive Auction
Sprint today said it will not participate in the 600MHz reverse auction planned for next year. The company believes its spectrum position is "sufficient to provide its current and future customers great network coverage." Sprint owns significant amounts of spectrum, but much of it is concentrated in the 2.5GHz range.
Sprint to Sell Certain Network Assets for $2.2 Billion
Sprint has agreed to sell select network assets to a company called Network LeaseCo and then lease back those assets for an unspecified sum. The move is meant to boost Sprint's cash position and will eventually add $2.2 billion to the company's coffers.