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[QUOTE=MOBIUSER;428712]

Sprint Nextel Corp. said Friday it plans to sell a chunk of its cellular network in the Midwest to comply with an Illinois court decision.

The Overland Park, Kan.-based wireless provider said it is working with financial adviser Citi to find interested buyers for its Nextel-branded network in parts of Illinois, Iowa, Michigan and Nebraska.

It said the sale would have minimal effect on its financial results and customers would not see a change in service.

The sale of the network comes following a lawsuit from Schaumburg, Ill.-based iPCS Inc., a Sprint affiliate. IPCS claimed Sprint's purchase of Nextel Communications Inc. in 2005 violated an exclusivity agreement between the companies.

 

[QUOTE=MOBIUSER;428712]

Sprint Nextel Corp. said Friday it plans to sell a chunk of its cellular network in the Midwest to comply with an Illinois court decision.

The Overland Park, Kan.-based wireless provider said it is working with financial adviser Citi to find interested buyers for its Nextel-branded network in parts of Illinois, Iowa, Michigan and Nebraska.

It said the sale would have minimal effect on its financial results and customers would not see a change in service.

The sale of the network comes following a lawsuit from Schaumburg, Ill.-based iPCS Inc., a Sprint affiliate. IPCS claimed Sprint's purchase of Nextel Communications Inc. in 2005 violated an exclusivity agreement between the companies.

 

[/QUOTE]

Sprint Nextel Corp. said Friday it plans to sell a chunk of its cellular network in the Midwest to comply with an Illinois court decision.

The Overland Park, Kan.-based wireless provider said it is working with financial adviser Citi to find interested buyers for its Nextel-branded network in parts of Illinois, Iowa, Michigan and Nebraska.

It said the sale would have minimal effect on its financial results and customers would not see a change in service.

The sale of the network comes following a lawsuit from Schaumburg, Ill.-based iPCS Inc., a Sprint affiliate. IPCS claimed Sprint's purchase of Nextel Communications Inc. in 2005 violated an exclusivity agreement between the companies.

 

 

 

[QUOTE=MOBIUSER;428712]

Sprint Nextel Corp. said Friday it plans to sell a chunk of its cellular network in the Midwest to comply with an Illinois court decision.

The Overland Park, Kan.-based wireless provider said it is working with financial adviser Citi to find interested buyers for its Nextel-branded network in parts of Illinois, Iowa, Michigan and Nebraska.

It said the sale would have minimal effect on its financial results and customers would not see a change in service.

The sale of the network comes following a lawsuit from Schaumburg, Ill.-based iPCS Inc., a Sprint affiliate. IPCS claimed Sprint's purchase of Nextel Communications Inc. in 2005 violated an exclusivity agreement between the companies.

 

[/QUOTE]

 

 

 

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