iPCS – PPCGeeks.com https://www.ppcgeeks.com Mon, 19 Oct 2009 15:30:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://www.ppcgeeks.com/wp-content/uploads/2011/08/ppcg_banner-150x78.png iPCS – PPCGeeks.com https://www.ppcgeeks.com 32 32 Sprint acquiring iPCS https://www.ppcgeeks.com/2009/10/19/sprint-acquiring-ipcs/ https://www.ppcgeeks.com/2009/10/19/sprint-acquiring-ipcs/#comments Mon, 19 Oct 2009 12:17:51 +0000 http://www.ppcgeeks.com/?p=745 sprint-logo-11
Sprint/Nextel announced this morning that they will be acquiring their affiliate iPCS for $831 million, including the assumption of $405 million of debt. This is really good news for those that live in an iPCS market because there has been lots of tension between Sprint/Nextel and iPCS over the years, especially after the merger with Nextel.

According to Sprint, the benefits of this transaction include:

  • More than 700,000 PCS Wireless Users and 270,000 Wholesale Customers to Become Sprint Direct Subscribers
  • Extends Company’s Direct Service Territory to an Additional 12.6 Million People
  • Sprint Ends Plan to Divest iDEN Network Assets in Certain Midwestern States Pending Transaction Close

More information at the Sprint Newsroom.

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