Sprint Nextel to sell Parts of Cell Network
June 12, 2009 by Mark Ellis
Filed under Business
According to a statement released by Sprint Nextel Corp., the cellular giant plans to sell a significant portion of its cellular network in the Midwest as part of an Illinois court decision. As part of the deal, no customers will see any change in their service, and while Sprint’s financial situation will see a change, it looks to be minimal.
Nextel networks throughout Illinois, Iowa, Michigan, and Nebraska will eventually be sold by the company to any interested buyers. The sale came about as the result of a lawsuit from iPCS Inc., a Sprint affiliate, which claims that Sprint violated an exclusivity contract when it purchased Nextel in 2005.
Sprint’s partnership with Clearwire Corp. has also caused a lot of debate between Sprint and iPCS. The latter argues that Sprint’s decision to try and develop a high-speed wireless Internet service with Clearwire also violates the exclusivity agreement, but it had already worked out a deal with Clearwire when Sprint decided to merge with the company.
(Image: Flickr)
