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The Overland Park-based wireless carrier (NYSE: S) said Friday that it is lookingf for a buyer for certain assets ofits Nextel, or network in parts of Iowa, Michigan and Nebraska. A sale, expected to be closed before the court-imposeed deadline of Jan. 25, will “havse a de minimis impact on Sprint’s financial results,” and customerxs aren’t expected to have service the company said ina release. IPCS) has been in litigation with Sprint sincwe its 2005 purchase of NextelCommunications Inc., contendinv that Sprint violated agreements not to compete with its wirelessx affiliates. In February, the Circuit Court of Cook Ill.
, that Sprint stop operating and managing the competiny portion of the Nextel networkby Jan. 25, though the deadline could be extended ifOverland Park-baseed Sprint showed good cause. iPCS, basexd in Schaumburg, Ill., has the exclusive rightf to sell Sprint wireless services in 81 marketss in states thatinclude Illinois, Michigan, Pennsylvania, Ohio and Tennessee. The wireless network coversz about 12.5 million residents in that iPCS hasabout 691,000 subscribers. Sprint is the No. 3 wireless with about 49 million customers. It ranks No. 1 on the Kansas City Business Journal’s list of the area’sa top public companies.
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