Topics Mobile Tech News Friday, April 18

Headlines

Contact us


Site search:
complete archives list




Site Sponsors:


Don't forget AT&T and Verizon promo codes at Sidepon.com to save money.


Sprint to Acquire Spectrum and Customers in the Midwest from U.S. Cellular for $480 Million
Posted: 08-Nov-2012 [Source: Sprint]

[Sprint announces agreement with U.S. Cellular to acquire PCS spectrum in key markets for 480 million.]

Overland Park, Kan. -- Sprint (S) announced that it has entered into a definitive agreement with U.S. Cellular (USM) to acquire PCS spectrum and customers in parts of Illinois, Indiana, Michigan, Missouri and Ohio including the Chicago and St. Louis markets for $480 million in cash and the assumption of certain liabilities. The additional spectrum will be used to supplement Sprint’s coverage in these areas as it continues to deploy its Network Vision upgrade and roll out 4G LTE nationally.

“This transaction will enable us to strengthen our business and become a more robust competitor,” said Dan Hesse, Sprint’s CEO. “Acquiring this spectrum will significantly increase Sprint’s network capacity and improve the customer experience in several important Midwest markets including Chicago and St. Louis. We welcome the new customers in these markets and look forward to providing them with Sprint’s unique combination of unlimited plans, an iconic device portfolio and unmatched customer service.”

Under the terms of the agreement, Sprint will acquire 20 MHz of PCS spectrum in the 1900 MHz band in various Midwest markets including Chicago, South Bend, Ind. and Champaign, Ill. and 10 MHz of PCS spectrum in the St. Louis market. In addition, the transaction involves approximately 585,000 U.S. Cellular customers. U.S Cellular will continue its business operations outside of these markets following the closing.

The transaction is subject to regulatory approvals by the Department of Justice and the Federal Communications Commission and is expected to close in mid-2013. In the meantime, the accounts and service of U.S. Cellular customers in these markets will not change. Once the transaction is closed, Sprint will provide additional information on transition plans. Customers with questions can go to USCellularinfo.com to learn more.

More...

Back to Headlines...

HTC One (M8) HTC One (M8)

Samsung Gear 2 Tizen Watch Samsung Gear 2 Tizen Watch

HP VoiceTab HP VoiceTab

T200 octa-core T200 octa-core

Nokia 2520 Tablet Nokia 2520 Tablet

Samsung Galaxy Round Samsung Galaxy Round

BlackBerry Z30 BlackBerry Z30

iPhone 5S and iPhone 5C iPhone 5S and iPhone 5C

Samsung Galaxy Mega Samsung Galaxy Mega

Sony SmartWatch 2 Sony SmartWatch 2

iOS 7 iOS 7

Jolla Jolla

BlackBerry Z10 BlackBerry Z10

Galaxy S 4 Galaxy S 4

Galaxy Note 8.0 Galaxy Note 8.0

Ubuntu on Tablets Ubuntu on Tablets

HTC One HTC One

LG Optimus G Pro L-04E LG Optimus G Pro L-04E

Firefox OS Firefox OS

Sony Zperia Z Sony Zperia Z

iPhone 5 iPhone 5

Kindle Fire HD Kindle Fire HD

Nokia N920 Nokia N920

Sony Xperia Sony Xperia

LG Optimus Quad-core LG Optimus Quad-core

Google Nexus 7 Tablet Google Nexus 7 Tablet

Droid Incredible 4G LTE Droid Incredible 4G LTE

Samsung Galaxy S III Samsung Galaxy S III

HTC EVO 4G LTE HTC EVO 4G LTE

New iPad New iPad

Huawei Ascend D Quad Huawei Ascend D Quad

Nokia 808 PureView Nokia 808 PureView

Huawei Ascend P1 Huawei Ascend P1

Nokia 900 Nokia 900



 

Valid HTML 4.1!

RSS © 1999-2014 Traques LLC
All times recorded in UTC
webmaster@MobileTechNews.com