Saturday, 23 June 2018

Sprint raises $2.2bn via network sale and leaseback

By Nick Wood, Total Telecom
Thursday 07 April 16

Funds to help U.S. operator pay down hefty debt while continuing its aggressive mobile strategy.

Sprint this week signed a deal to sell and leaseback certain network assets that will provide it with US$2.2 billion (€1.93 billion) in cash. The U.S. operator is selling the assets to a newly-created group of entities collectively called Network LeaseCo…

Sprint this week signed a deal to sell and leaseback certain network assets that will provide it with US$2.2 billion (€1.93 billion) in cash. The U.S. operator is selling the assets to a newly-created group of entities collectively called Network LeaseCo…

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