LightSquared CEO Confirms Talks with Sprint
Speaking on Bloomberg TV today, LightSquared CEO Sanjiv Ahuja confirmed that the company has had network conversations with Sprint. "We are also working in a deeper relationship with some of the operators," he said. "We have had conversations with Sprint. But if we have something to announce we will be back here." Earlier this month, Reuters reported that LightSquared was ready to sign a multi-billion, multi-year network agreement with Sprint. Ahuja also reiterated his belief that the company will be able to circumvent the problems it is facing with respect to GPS interference, and that its network will be ready 12 to 18 months ahead of schedule. LightSquared is hoping to build a nationwide Long Term Evolution mobile broadband network. It has signed a number of reseller and roaming agreements with other providers.
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 Parent Greenlights Network Plan
SoftBank has given Sprint the go-ahead to begin its network improvement plan. The nation's third-largest carrier plans to densify its LTE 4G network to improve coverage and capacity.
Sprint CEO Predicts It'll Have Top Network In Two Years
Sprint CEO Marcelo Claure believes the company will have the number 1 or number 2 network in the country within 18 to 24 months. Claure made the comments while speaking at the Recode Conference.
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.