Nov 07
Sprint acquiring U.S. Cellular’s spectrum and 585,000 customers in Midwest for $480 Million
Posted in: Today's Chili
Sprint is adopting an “if you can’t build it, then buy it” approach. Sprint has just announced that it will be acquiring U.S. Cellular’s PCS spectrum and customers in the Midwest market, particularly in Illinois, Indiana, Michigan, Missouri and Ohio including the Chicago and St. Louis, for a whopping $480 million in cash. Sprint will also assume “certain liabilities” from the deal. The giant telecommunications company says that the additional spectrum will be used to supplement its coverage in these areas as it continues to deploy its Network Vision upgrade. (more…)
By Ubergizmo. Related articles: Nationwide Wireless Emergency Text Alert System Launching This Month, Sprint Flash headed your way soon,
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