Monday, May 20, 2013

Sprint Aquisition of US Cellular Assets Complete

Sprint announced that it has finalized its purchase of spectrum and customers from U.S. Cellular in a handful of mid-western markets.

The transaction gives Sprint 20MHz of spectrum in Chicago, South Bend, Ind., and Champaign, Ill., and 10MHz of spectrum in St. Louis. In addition to the spectrum, Sprint also gains about 420,000 U.S. Cellular subscribers.

Sprint and U.S. Cellular have already notified the affected customers about the transition, which will take several months to complete.  Sprint plans to use the newly-gained spectrum to enhance its capacity in those markets.