Sprint Not Buying Metro

[nuttmeg]

Sprint to buy some U.S. Cellular markets in Midwest

Sprint Nextel Corp. said it is buying a large chunk of struggling U.S. Cellular Corp., including its hometown Chicago market, for $480 million.
The nation's third-largest cellular phone company also is buying U.S. Cellular's operations in St. Louis, central Illinois, Indiana, Michigan and Ohio.
The deal, which requires regulatory approval and is expected to close in mid-2013, will transfer spectrum and about 585,000 customers — roughly 10% of U.S. Cellular's subscribers — to Sprint.
The markets accounted for 11% of U.S. Cellular's service-related revenue through the first nine months of this year. After the sale closes, the company will have more than 5.2 million customers in 23 states, including smaller parts of Illinois.


http://www.latimes.com/business/la-fi-sprint-us-cellular-20121108,0,1729329.story

 

[eljefe0000]

sprint sucks they should sell because they are terrible

 

[THE W]

should mean well for sprint in the long run.

 

[Gman9831]

sprint sucks they should sell because they are terrible

Well they have been bought by a Japanese network called SoftBank

 

[robertkoa]

How much is it anyway ?

Seems like I'm one of the few who hasn't yet put in a bid ...

Do I still have to pay my bill while they decide if my bid is approved ?

Can I pay a few grand in Cash and borrow the other $1.2 Billion?

 

[robertkoa]

Oops. Double post .

Mods please delete.