Thursday, July 28, 2011

Sprint and LightSquared Announce Spectrum Hosting and Network Services Agreement

LightSquared, the nation’s first wholesale-only integrated 4G-LTE wireless broadband and satellite network, and Sprint Nextel announced today they have entered into a 15-year agreement that includes spectrum hosting and network services, 4G wholesale, and 3G roaming.

This spectrum hosting arrangement leverages Sprint’s investment in its innovative, multi-year Network Vision plan. Under the agreement, LightSquared will pay Sprint to deploy and operate a nationwide LTE network that hosts L-Band spectrum licensed to or available to LightSquared. As a wholesale-only carrier with separate core network operations, LightSquared can sell its 4G broadband capacity produced through this spectrum hosting relationship to Sprint, other wireless carriers, and retail partners.