said by en102 
:Why ? Because Sprint is currently debt ridden, and its stock is hovering in the $6/share range, and has no cash to inject, but would suck cash out like a hoover.
A spun off company wouldn't be tied to Sprint's current misfortunes, and investors would be more eager to invest.
Eg. Would you invest in 'Sprint' who's stock is in the toilet, bleeding iDEN customers, just wrote off ~20 billion in debt (and its market cap is $18 billion).
or...
Would you want to invest in a new wireless company that has little ties to old school business, and its only real debt is the value of its wireless spectrum assets and R&D investments.
While Sprint would like to keep Xohm for its potential to turn around the company, I suspect that many investors do not want to dump money into Sprint itself right now.
Actually, yes, now is the time to invest in Sprint, their stock has tanked and is at an all time low. They wrote off the 20 billion that was their cost for the Nextel merger, and they are getting a massive infusion of cash for Xohm. The people who makes a LOT of money in the stock market always BUY when the market is falling. Hell Verizon took a beating when they announced the cost of FiOS and they have rebounded. Sprint will be fine.
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