Sprint sells off its towers
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source: InformationWeek via Engadget Mobile
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48 Comments
1. rj04 (unregistered) posted on 20 Oct 2010, 01:42 0 0
the first of many big moves from sprint/nextel?
33. ag (unregistered) posted on 28 Jul 2008, 16:16 0 0
To E.N HES SAYING FIRST THE TOWERS DONT EXIST THEN SPRINT WONT EXIST
3. (unregistered) posted on 25 Jul 2008, 11:33 0 0
This is the kind of stuff you dont wanna read about a big company like Sprint.. It's only going to make things worst eventually..
4. (unregistered) posted on 25 Jul 2008, 11:44 0 0
what a last ditch move. this is like having to mortgage off your properties in monopoly to pay rent to another player. Big gamble that doesnt normally pan out. One wrong move and .. poof.. bye bye sprint.
5. szaldana posted on 25 Jul 2008, 11:57 0 0
I feel bad for Sprint. In an effort to make things better for their company, they are just making it worst little by little. They should just sell the entire company instead of loosing more money, customer, and now I think quality.
6. (unregistered) posted on 25 Jul 2008, 12:45 0 0
Why don't I see anything about EV-DO support? I'm getting nervous...
7. (unregistered) posted on 25 Jul 2008, 13:38 0 0
Sprint will be merging with Clearwire more than likely this fall. No need to panic. Once wimax is rolled out Sprint will be kicking @ 5MBPS + verus other slower carriers.
8. (unregistered) posted on 25 Jul 2008, 13:39 0 0
Sprint and ATT is last of the American owned Cell phone companies. Everyone else is owned by Germany.
9. vzwrep (unregistered) posted on 25 Jul 2008, 14:28 0 0
no really verizon is majorly owned by verizon co. which is a US (eastcoast) company. Vodafone only owns a portion of verizon.
19. (unregistered) posted on 26 Jul 2008, 14:22 0 0
actually verizon is owned by vodafone they control 51 percent of the company
48. (unregistered) posted on 04 Nov 2008, 18:02 0 0
Polo You got it. Below text From Wikipedia Cellco Partnership, doing business as Verizon Wireless, owns and operates the second largest wireless telecommunications network in the United States, based on a total of 70.8 million U.S. subscribers,[1] behind AT&T Mobility's 74.9 million subscribers.[2] Verizon Wireless has the highest revenue of all wireless companies based within the United States, with an annual revenue of $43.9 billion. Headquartered in Basking Ridge, New Jersey, the company is a joint venture of Verizon Communications and Vodafone Group, with 55 and 45 percent ownership respectively. They claim their wireless network covers geographic regions that contain a population of 260 million people within the United States.[3]
11. borg (unregistered) posted on 25 Jul 2008, 18:19 0 0
so there service is going to suck worse that it does now how nice
12. (unregistered) posted on 25 Jul 2008, 18:40 0 0
So selling the stuff to another co. to maintain is smart to me, one less thing to worry about and 670M in cash to loose a headache is alright to me. All of thier towers weren't sold plus I'm pretty sure vzw and att don't own all the towers they operate on
16. (unregistered) posted on 26 Jul 2008, 05:40 0 0
actually Verizon does own it's cell towers. of course there are agreements in place w/ other carriers in case you need someone else's towers. but that is standard for other companies also.
13. (unregistered) posted on 25 Jul 2008, 19:18 0 0
What they are doing by doing this is hiring the techs and engs at a reduced salary rate, very smart.
