Sprint Buying U.S. Cellular Spectrum And Customers For $480 Million To Expand Midwest Reach

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http://techcrunch.com – Sprint today announced that it has made an arrangement with U.S. Cellular to acquire PCS spectrum and also wireless network customers for $480 million in cash, and Sprint’s taking over of “certain liabilities” on behalf of U.S. Cellular. The arrangement will help Sprint bolster its own network as it rolls out LTE nationally, the company said in a press release, helping to beef up network capacity. U.S. Cellular customers in Illinois, Indiana, Michigan, Missouri and Ohio, 585,000 in total, will also become Sprint customers as part of the deal. Sprint gets 20 MHz of PCS spectru (IT news)