Click to Skip Ad
Closing in...

Sprint to reveal 4G LTE network plans later this month, report claims

Later this month, Sprint will formally announce its plans to bring 4G LTE service to its subscribers via a network-sharing deal with Virginia-based LightSquared, CNET reports. The move, seen as inevitable by some, was outed last month when LightSquared owner Philip Falcone revealed the deal in a letter to Harbinger Capital Partners investors. “Sprint will become a significant customer of LightSquared’s 4G LTE network,” Falcone stated in the letter. The deal, which could be worth as much as $20 billion over the next 15 years according to an earlier report, will let Sprint’s U.S. network be used as the backbone for LightSquared’s 4G LTE buildout. CNET says the deal will be revealed on July 28th when Sprint reports its earnings for the June quarter.

Read

Zach Epstein

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.