Court rules in favor of iPCS in Sprint case
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There has been a long dispute between Sprint Nextel and iPCS that was handled most recently by the Circuit Court of Cook County, Ill. They ruled in favor of iPCS, an Illinois-based affiliate of Sprint, which puts January 25, 2010 as the deadline for Sprint to shut down its Nextel business throughout major areas in the Midwest. The court issued the order back on January 30 and alleges Sprint violated an agreement to provide exclusive territory to affiliate carriers such as iPCS when the company bought Nextel Communications back in 2005. Matt Sullivan, a Sprint spokesman, said “We’ve been considering these issues for some time and we have a plan that we are implementing to address the court’s ruling.” The iPCS President and CEO, Timothy M. Yager, said he was delighted that a date was set for the Sprint to comply with the court’s order.
source: Sprint Connection
source: Sprint Connection
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2 Comments
1. DonLouie posted on 20 Oct 2010, 01:42 0 0
iPCS's stock is four dollars higher than Sprint's.
2. sinfulta posted on 06 Feb 2009, 06:27 0 0
I feel so bad for Sprint. They can't catch a fricken break.... and I don't even like them. lol
