Sprint (S) to Acquire ~30-MHz of Spectrum from U.S. Cellular (USM) in $480M Deal

Go back to Sprint (S) to Acquire ~30-MHz of Spectrum from U.S. Cellular (USM) in $480M Deal

Sprint (S) Deal Adds Spectrum in Chicago and St Louis - Analyst

November 8, 2012 9:39 AM EST

Analysts at Nomura Securities commented on Sprint (NYSE: S) following the $480mn acquisition of spectrum licenses and 585k subscribers in the Midwest from US Cellular.

"We believe the motivation behind this deal was spectrum in Chicago and St Louis, adding much needed capacity,"... More