28.07.2011 13:35 Uhr, Quelle: Engadget

Sprint and LightSquared confirm agreement, 15 years worth of LTE network sharing and more

The rumors were true, but given the long, torrid affair between these two it shouldn't be a surprise. Sprint and LightSquared have confirmed their intentions to the world, stepping into a whopping 15 year agreement that will be worth $9 billion in cash for Sprint and will save LightSquared an estimated $13 billion. LightSquared will have the right to sell access to Sprint's burgeoning LTE network, while Sprint can also piggy-back on the other's existing capacity where needed. Additionally, LightSquared wi

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