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Sprint and LightSquared Ink LTE Network Deal

Article Comments  6  

Jul 28, 2011, 7:18 AM   by Eric M. Zeman

Sprint and LightSquared today announced a new relationship that the companies hope will help accelerate the deployment of Long Term Evolution 4G services. Under the terms of the agreement, LightSquared will pay Sprint $9 billion in cash over a period of 11 years to build and operate a nationwide LTE 4G network using LightSquared's L-Band spectrum. LightSquared is also giving Sprint $4.5 billion in credits, which can be used by Sprint to acquire up to 50% of the capacity of LightSquared's LTE network. LightSquared still plans to offer LTE wireless broadband on a wholesale level to other providers. As part of the deal, LightSquared also gains the right to roam onto Sprint's CDMA 3G network, and can bundle 3G with its wholesale broadband services. The companies say the arrangement will save them both money and help get the network up and running faster. The deal needs to meet with government approval before it can be finalized. The companies did not make mention of the GPS interference problems that LightSquared is facing, which also need to be resolved to the satisfaction of the Federal Communications Commission.


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Jul 28, 2011, 8:58 AM


Can't wait for my next gen EVO and turn on all radios (LTE, WiMax, EVDO, Bluetooth, WiFi) and see my battery last for 5 days!
I'd kill for my smartphone battery to go 5 days. I'll get a day if I only make phone calls.
Lol if you think the next gen EVO will have LTE and WiMax radio...I dunno...but you need to get off the drugs, bro.

Jul 28, 2011, 4:21 PM

Death of WiMAX

Has now been assured. The First step was using ass-tastic 2.5Ghz spectrum. My Grandmothers AMPS Motorola V60i gets better indoor signal than a wimax device.
haha, I had a V60i. I loved that phone.

Jul 29, 2011, 11:27 PM

Good job, Sprint.

Not only did you jump on the LTE bandwagon years too late, you signed on with a company having GPS interference problems with their spectrum that may or may not get fixed. Bravo.
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