Report: Sprint In Talks to Sell iDEN Network
Aug 8, 2008, 10:48 AM by Eric M. Zeman
According to a report seen on CNBC, Sprint is talking to private investors about selling off its iDEN network, which would allow the carrier to concentrate on its CDMA and forthcoming Wimax networks. NII Holdings, which runs a network in Latin America, and an unnamed group of private investors were among two parties cited as potential buyers of the iDEN network. Sprint purchased the Nextel iDEN network in 2005, and has faced difficulties merging its services with its CDMA network. Sources cited by CNBC said any sale would not happen immediately. Sprint did not officially comment on the matter, and just yesterday canceled a planned $3 billion convertible-preferred-stock sale that it was going to use to pay down debt.
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Comments
What a bunch of cellular fluzies..........
I work for the Sprint only side, it's not that I hate Nexte...
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Sprint should've thought better...
While engineers/operations complain how this and that cannot be done, it is mostly baseless whining. This time, it was not baseless.
Yet another example on ...
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Southern Linc + Nextel?
First the CDMA Towers, now this
On sale now! Corporate Stores!! Get them while they are HOT! Special, Buy 1 Get 1 Free.
Bonus: For every 5 Stores you buy, you get 1 Free Instinct - oh wait, there are no Instincts to go around. We will substitute the Blackberry Curve - crap, none of those either.
You'll have to settle for the Special Edition Beyonce Gold Upstage.
as far as the towers go, Verizon and Att lease towers too. so this would not be unusual.
jasonleerock1 said:...
We will substitute the Blackberry Curve - crap, none of those either.
The only reason the Blackberry Curve was hard to get on Sprint service was because of RIM. According to them they ran out of
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Does this mean they're gonna sell the Nextel name too?