Sprint shopping for more wireless spectrum, report says
Sprint Nextel is shopping for more wireless spectrum, Bloomberg reported, as the nation's third-largest carrier tries to catch up with bigger rivals Verizon Wireless and AT&T.
Sprint CEO Dan Hesse told the news service in an interview published today that Sprint's purchase of Clearwire will give it a strong position for a period of time, but Sprint wants to buy more spectrum to help it in the long term.
Sprint is looking at making deals with other companies or buying spectrum through government sales, Hesse said, according to Bloomberg.
The carrier, which late last year reached a $20.1 billion merger pact with SoftBank, … Read more