Sprint completed its previously announced acquisition of 20 MHz of PCS spectrum in the 1900 MHz band in various Midwest markets from U.S. Cellular. The deal includes 20 MHz of PCS spectrum in Chicago, South Bend, Ind. and Champaign, Ill. and 10 MHz of PCS spectrum in the St. Louis market. In addition, the transaction includes approximately 420,000 U.S. Cellular customers.
The deal was valued at $480 million at the time it was first announced in November 2012.
“We know how important good value, network performance and excellent service are to these customers and Sprint has a wide portfolio of competitive devices, prepaid options, an improved 3G and growing 4G LTE network experience, and unlimited data, text and voice plans to meet their wireless needs,” said Paget Alves, Sprint chief sales officer. “We want their business and are motivated to make the transition as seamless as possible.”
