Sprint buys out push-to-talk carrier iPCS
10/19, 4:10pm
Sprint buys out iPCS for $831m
Sprint on Monday said it would buy out one of its affiliate carriers, iPCS, for $831 million. The deal puts the smaller company's push-to-talk iDEN phone service directly under Sprint's control and settles a legal battle between the two that had blocked Sprint from advertising its network and might have prevented Sprint from selling service in those areas. Under the new agreement, Sprint would no longer need to sell off parts of its network in iPCS areas.
