Agreement with Sprint will extend Cricket's footprint nationwide

Did your eyes ever light up so brightly when you read about some of the exciting handsets or inexpensive plan offerings that Cricket has to offer, but you know you can't get in with any of them since they don't offer coverage in your area? Well, things might soon change after Cricket signed a wholesale agreement with Sprint that will enable them to offer their products and services using Sprint's infrastructure. Although there was no mention about the dollar amount that this agreement generated, this five year deal will spawn a host of new hybrid models and broaden Cricket's reach to consumers domestically. By far the biggest limitation they faced up until this point was their small coverage footprint, but thanks to this deal, that may soon become a thing of the past now that they're embarking with Sprint. With the agreement, Cricket has already committed itself to bring to the table minimum levels of revenues to Sprint – which is something that they'll hopefully generate with their extended reach.

via Trading Markets