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Sprint to Sell Some iDen Assets to Please Court

And so it came to pass – Sprint Nextel Corp. (S), which last year vowed it would not sell its iDen network, is selling some of its iDen network.

To be fair, Sprint is only in search of a buyer in a few Midwestern states to comply with an Illinois court ruling that Sprint no longer own, operate or manage the Nextel iDen network in parts of Illinois, Iowa, Michigan and Nebraska. The divestitures must happen before Jan. 25, 2010.

Sprint said the sales should have little impact on its financial results.


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