Hard-up Sprint rents out Hz

Continuing its efforts to drum up cash and recover from losses, Sprint is going to be leasing off some of its 2.5GHz spectrum holdings.

CFO Tarek Robbiati said recently that the leasing operation that saw Sprint sell and then take a lease on its own network equipment could soon be expanded to include the sale of Sprint's spectrum holdings.

Those deals would, presumably, allow fellow telcos to lease rights Sprint holds to operate networks at specific spectrum portions over various parts of the country. The proceeds would, presumably, be added on top of the $2.2bn Sprint has already said it has raised with the network sale. ®


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