Spectrum Sold, Towers Possibly for SaleComments Off on Spectrum Sold, Towers Possibly for Sale
According to a report this morning, nTelos Wireless, one of Sprint’s wholesale partners, is selling $56 million worth of 1900MHz spectrum to T-Mobile as they exit the eastern Virginia market. nTelos will continue to prioritize their networks in western Virginia and West Virginia. This will give T-Mobile the chance to expand their LTE network in the area. “In an effort to strengthen our retail sales performance and leverage our strategic relationship with Sprint, we are right-sizing our business and redirecting our resources on our Western Markets, which provide us the greatest opportunity for sustained, profitable growth,” nTelos Chairman Michael Huber said in a statement. Continue reading here.