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Sprint Raising $2 billion PDF Print E-mail
Wednesday, 07 March 2012
The LTE market is extremely competitive, in which service providers would need to invest billions into setting up the infrastructure to support such networks, and the competition is just simply mind-boggling. Nevertheless, Sprint is definitely one of the mobile wireless broadband service providers in North America, and it seems that the company is making a huge leap form WiMAX to LTE – and the upgrade won’t come cheap.

Apparently, Sprint is looking forward to finance their upgrade simply by raising $2 billion in cash. Sources also indicate that Sprint might use the $2 billion in cash to finance part of their Clearwire plans too. And with the cash boost, Sprint would be able to transit to TD-LTE, which is a true selling point for the company.

Sprint Raising $2 billion

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