Wednesday, November 7, 2012

Sprint Acquires Spectrum, Customers from US Cellular for $480 Million

Sprint Acquires Spectrum, Customers from US Cellular for $480 Million

Sprint has forged a deal with US Cellular to acquire its PCS spectrum and about 585,000 subscribers across the Midwest. The $480-million deal would enable Sprint, which itself was recently acquired by Japanese carrier SoftBank, to gain 30MHz within the 1900MHz band across Illinois, Indiana, Michigan, Missouri, and Ohio. This extra spectrum would augment Sprint's coverage as it continues to roll out the 4G.
Meanwhile, US Cellular will apparently have to continue its business elsewhere once the deal gets regulation approval some time this year.

Gadget.com , Sprint Acquires Spectrum, Customers from US Cellular for $480 Million

See also:
itcrowd, Sprint Acquires Spectrum, Customers from US Cellular for $480 Million

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