Jump to content

Sprint to buy spectrum, customers from USCC


bigsnake49
 Share

Recommended Posts

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Sprint (NYSE: S) today announced that it has entered into a definitive agreement with U.S. Cellular (NYSE: 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”

“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.

 

http://www.businesswire.com/news/home/20121107005545/en/Sprint-Acquire-Spectrum-Customers-Midwest-U.S.-Cellular

 

It's beginning boys and girls.

  • Like 6
Link to comment
Share on other sites

 

It's beginning boys and girls.

 

Wow! :o Yes, indeed this is likely the precursor to something larger. Granted USCC is getting nearly half a billion dollars, but when you're a company that small that's already been losing postpaid subscribers for a while and you decide to sell well over half a million subscribers, including those where your headquarters is, things aren't looking good for your company imho.

  • Like 1
Link to comment
Share on other sites

Wow! :o Yes, indeed this is likely the precursor to something larger. Granted USCC is getting nearly half a billion dollars, but when you're a company that small that's already been losing postpaid subscribers for a while and you decide to sell well over half a million subscribers, including those where your headquarters is, things aren't looking good for your company imho.

 

Don't be surprised if this is followed by a MetroPCS sale of PCS spectrum to Sprint so that Sprint does not make a competing bid to T-Mobile's.

  • Like 3
Link to comment
Share on other sites

Suppose USC wasnt in the mood to sell the whole farm or sprint wants to wait out closure of the softbank transaction before tackling anything big. Im glad sprint went after spectrum it really needs now, as someone else could swoop in and try to snatch up USC in the meantime.

 

I think this shows aggressive prioritizing from sprint.

Link to comment
Share on other sites

Sprint could use both the customers and the spectrum. While I was hoping for a bigger buy I hope this is only the beginning. 2.5 billion is still left so whats next

 

What do you mean by 2.5 billion still left?

Link to comment
Share on other sites

Does the amount seem low to anyone? Even ignoring spectrum 480000000 divided by 585000 customers is only 820 bucks per postpaid customer. Sprints normal cpga (cost per gross add) has to be maybe 450 to 500(just a guess but I think that is close). So say 500 times 585000 is a cost of 292500000. That means sprint paid 187500000 for the spectrum. What does that equal for mhz cost per pop?

 

 

Sent from my SPH-L710 using Tapatalk 2

 

 

Link to comment
Share on other sites

Sprint could use both the customers and the spectrum. While I was hoping for a bigger buy I hope this is only the beginning. 2.5 billion is still left so whats next

 

What do you mean by 2.5 billion still left?

 

I'm guessing he's referring to SoftBank's first initial cash infusion of $3 billion last month.

 

http://newsroom.sprint.com/article_display.cfm?article_id=2436

  • Like 1
Link to comment
Share on other sites

In the other thread there was a question about rolling out 10x10 LTE carrier, I can't see Sprint doing that in the near future as some of their current LTE devices only support 5x5Mhz:

 

Galaxy Note 2

Galaxy Victory

Galaxy S3

 

I'm guessing there are more, I couldn't find a break down on the Viper, Nexus, etc

Link to comment
Share on other sites

In the other thread there was a question about rolling out 10x10 LTE carrier, I can't see Sprint doing that in the near future as some of their current LTE devices only support 5x5Mhz:

 

Galaxy Note 2

Galaxy Victory

Galaxy S3

 

I'm guessing there are more, I couldn't find a break down on the Viper, Nexus, etc

 

I think of all Sprint's LTE phones only the HTC Evo supports 10x10. Everything else is 5x5. I'm just spitting this out from memory though.

Link to comment
Share on other sites

I think of all Sprint's LTE phones only the HTC Evo supports 10x10. Everything else is 5x5. I'm just spitting this out from memory though.

 

Wait, so they also have to build into the devices the ability to connect to bands that wide? I thought as long as a device supported the correct frequency and type of technology they should be able to connect without a problem.

Link to comment
Share on other sites

So one thing I'm not clear on. Will this deal expand Sprint's footprint in the midwest or is it just increasing it's spectrum depth in places it already provides service?

 

It will just increase the spectrum depth. It will do nothing for coverage.

Link to comment
Share on other sites

 

It will just increase the spectrum depth. It will do nothing for coverage.

The article says that certain obligations are included as well but does not state what those are. If us cellular has no more customers in that area then those obligations may be sprint taking over tower leases. But that is just a guess.

 

Sent from my SPH-L710 using Tapatalk 2

 

 

Link to comment
Share on other sites

I think of all Sprint's LTE phones only the HTC Evo supports 10x10. Everything else is 5x5. I'm just spitting this out from memory though.

 

iDevices supports wider carriers, so does the Photon Q.

 

Wait, so they also have to build into the devices the ability to connect to bands that wide? I thought as long as a device supported the correct frequency and type of technology they should be able to connect without a problem.

 

Yes, devices need to be able to communicate on the wider bands.

Link to comment
Share on other sites

Quesion on this for a Note 2 user in STL will this effectively double the number of users that could get full speed data or would it require a new phone with another PCS band in it. Hope S4GRU will do s wall post on what it means to users in both 10 an 20 dandwidth areas.

 

Edit: also will the panels that were skeduled long ago to go into these areas fully suport all the new bandwidth or will we have to wait for another round of upgrades?

  • Like 1
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share


  • large.unreadcontent.png.6ef00db54e758d06

  • gallery_1_23_9202.png

  • Posts

    • Cool find! Been there since 2018 according to Cellmapper. The only other time I've seen them leave up a temp site like this for a long period of time was when a nearby site is temporarily inoperable like the one in Red Hook Houses. That doesn't seem to be the case here and it's pretty much a GMO site at this point. My best guess is that T-Mobile wanted to put a site there to fill in coverage but because it's on LGA's grounds getting the actual permission to do so is extremely complex so they worked out a deal with the Port Authority to put up a COW in the meantime.  
    • Would this be a T-Mobile COW outside LGA Terminal A? eNB 49106 seems to line up to its position, plus the arm for the trailer to hook onto a truck says T-Mobile. Here is the NYC streetcar view the image was pulled from.     For all the years I have been monitoring the DAS, I have never gotten -55 or better, even after passing by every antenna in a station that is deep enough to have 0 outside macros reaching in. The SNR is still 20+, so its probably designed that way on purpose.
    • From a few days back: https://www.fiercewireless.com/wireless/deutsche-telekom-aims-50-t-mobile-ownership-2024 DT Chief Executive Timotheus Hoettgas said buying the majority stake in T-Mobile US was the group's most important strategic project at present, according to Reuters. He said that stake should top 50% much sooner than its previous projection of 2024. Earlier this year, DT paid $2.4 billion to SoftBank Group to increase its stake in T-Mobile US to 48.4%.
    • 5.9GHz finally approved by a court: https://www.fiercewireless.com/tech/court-upholds-fccs-decision-59-ghz.  This should be added to 5GHz wi-fi.  considering wi-fi 7 will be included in the qualcomm x70 and related SOCs, doubtful they will be able to add this now, unless designed to be added later.  5.9GHz will given us a third 160MHz unique carrier iirc, a major improvement.
    • waiting for about 400 with demand > supply, or 95% to look again in some detail.  Until then : https://www.sashajavid.com/FCC_Auction108.php#county_details_table_overlay
  • Recently Browsing

    • No registered users viewing this page.
×
×
  • Create New...