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Cricket Signs LTE Wholesale Agreement with Clearwire

Mar 14, 2012, 7:15 AM by Eric M. Zeman

Leap Wireless today announced that it has signed a wholesale agreement with Clearwire so it can access Clearwire's forthcoming LTE 4G network. The deal, which will initially last five years, will provide Leap's Cricket prepaid wireless service with the ability to offload extra capacity to help supplement its own LTE network. Cricket plans to deploy LTE to about two-thirds of its total footprint in the coming two or three years, and will cover 25 million POPs with LTE by the end of 2012. Financial terms of the agreement were not disclosed.

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Vrystaat

Mar 14, 2012, 10:21 AM

Precursor to a Merger / Buyout

With Cricket signing with Clearwire, I wonder if this may benefit Sprint with an opportunity to buy them out a couple years down the line (which it helps that Cricket uses CDMA--although I'm not sure what other LTE bands Cricket will be using).

Luar

That's king of tricky with Sprint. They are a wild card , you never really know what they are planning ( for good or bad ). They have tried many things in the past I'll give them that, I wouldn't be surprised if they tried to buy them out in the futur...
(continues)

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