Sprint 4G Network Leasing Partner Could Be Mobilitie

By | September 14, 2015

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Privately-held Mobilitie, a Newport Beach, Calif.-based network gear maker, could be a front-runner to grab some of Sprint ‘s (S) business for the next stage in its 4G wireless network upgrade. Sprint has been evaluating proposals from network gear makers. On its fiscal Q1 earnings call, Sprint said it’s setting up a leasing company that will finance mobile phone deals with wireless subscribers. The accounting move will reduce how much free cash Scalper1 News

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