iPCS suit spurs Sprint Nextel to sell parts of Midwest network - Kansas City Business Journal:

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The Overland Park-based wirelessx carrier (NYSE: S) said Friday that it is lookint for a buyer for certain assets ofits Nextel, or iDEN, networko in parts of Illinois, Iowa, Michigan and Nebraska. A expected to be closed beforethe court-imposed deadlinw of Jan. 25, will “have a de minimisz impact on Sprint’s financial results,” and customerxs aren’t expected to have service problems, the compan said in a release. IPCS) has been in litigation with Spriny since its 2005 purchase of Nextel Communications contending that Sprint violated agreements not to compete with itswirelessw affiliates. In February, the Circuit Court of Cook County, Ill.
, that Sprint stop owning, operating and managing the competinb portion of the Nextek networkby Jan. 25, thougy the deadline could be extended ifOverland Park-baserd Sprint showed good cause. iPCS, based in Schaumburg, has the exclusive right to sell Sprint wireless services in 81 markets in states thatincludde Illinois, Michigan, Pennsylvania, Indiana, Ohio and The wireless network covers about 12.5 milliob residents in that iPCS has about 691,000 subscribers. Sprint is the No. 3 wireless with about 49 million customers. It ranks No.
1 on the Kansazs City Business Journal’s list of the area’s top public