LightSquared Near to Inking Deal with Sprint
According to unnamed sources cited by Reuters, LightSquared is on the cusp of signing a $2 billion network agreement with Sprint. Under the terms of the proposal, LightSquared would pay Sprint $2 billion per year to rent network access on Sprint's 40,000 cell towers across the U.S., which it would use to run its own network on its own spectrum. Reuters' sources didn't provide details on exactly how this arrangement would work, but indicated the agreement, if signed, would last for eight years. Both LightSquared and Sprint are looking for various ways to fund network improvement projects. Earlier today, Bloomberg said that LightSquared is close to a deal with AT&T.
Alcatel Announces the Idol 5S with Stereo Speakers
Alcatel today marked the debut of the Idol 5S, the latest in its flagship series. Like its predecessors, the 5S features an aluminum frame, curved glass front and rear surfaces, powerful stereo speakers, and a rear-mounted fingerprint reader.
Coral Blue Galaxy S8 and S8+ Go On Sale In US July 21
Samsung today said the Coral Blue variant of the Galaxy S8 and S8+ handsets will become available to U.S. buyers starting July 21.
Sprint's 'Magic Box' Is An In-Home Small Cell to Help Improve Coverage
Sprint today announced the Magic Box, a tool Sprint hopes consumers and businesses will use to help it densify its LTE network. The Magic Box is similar to a signal booster in that owners place it in a window.
Verizon Exploring Tower Sale
Verizon Wireless is weighing whether or not to sell its cell towers to a third party, reports Reuters. Earlier this month Verizon's Chief Financial Officer Fran Shammo indicated the company is interested in such an idea.
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.
this just in!
Basically anyone that will ink a deal with them and solve their GPS frequency interruptions!