reply to swintec
Re: NO, the Sox will continue to play at US Cellular.... Customers maybe worth something and I know how the market is in Chicago, but the fact is Sprint is going to want more than just a few customers and some Spectrum. With customers being dropped from USC to Sprint is NOT going to go over very well, especially when customers are going to be upset and will look else where.
And when you have a deal like this, the buying company, normally gets more than just the customers and a spectrum, they get the entire network in those markets. It seems like something is not being said.
·Sprint Mobile Br..
reply to TBBroadband
"So, first at closing Sprint will pay U.S. Cellular $480 million. As Mary mentioned the sale includes most of the PCS spectrum and 585,000 customers in our Chicago, St. Louis, Central Illinois, and Indiana, Michigan, Ohio markets. The sale also contemplates the number of related agreements, the most significant of which our two transition services agreements; one to cover network operations and the other customer services. Under which the terms will provide for U.S. Cellular to continue to operate the network and service and build customers for up to two years after the closing. Sprint will pay U.S. Cellular for these services. Sprint will also reimburse U.S. Cellular for certain cost related to decommissioning the network and employee termination benefits up to a defined cap. U.S. Cellular will be responsible for store closing cost including employee and termination benefits."
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