{"id":7096,"date":"2008-07-24T07:40:41","date_gmt":"2008-07-24T07:40:41","guid":{"rendered":"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/sprint_sells_towers_nextel_next.html"},"modified":"2008-07-24T07:40:41","modified_gmt":"2008-07-24T07:40:41","slug":"sprint-sells-towers-nextel-next","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/sprint-sells-towers-nextel-next.html","title":{"rendered":"Sprint Sells Towers, Nextel Next?"},"content":{"rendered":"<p><span style=\"display: inline;\" class=\"mt-enclosure mt-enclosure-image\"><a onclick=\"window.open('http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/uploads\/dorothy.html','popup','width=333,height=500,scrollbars=no,resizable=no,toolbar=no,directories=no,location=no,menubar=no,status=no,left=0,top=0'); return false\" href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/uploads\/dorothy.html\"><img loading=\"lazy\" decoding=\"async\" height=\"384\" width=\"256\" style=\"margin: 0pt 20px 20px 0pt; float: left;\" class=\"mt-image-left\" alt=\"dorothy.jpg\" src=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/uploads\/dorothy-thumb-256x384.jpg\" \/><\/a><\/span>In a move to pay down debt, Sprint has decided to <a href=\"http:\/\/hdvoice.tmcnet.com\/news\/2008\/07\/23\/3563806.htm\">sell<\/a> its towers to TowerCo and lease them back.<\/p>\n<p>Approximately 3,300 towers will be sold for $670 million in cash. Sprint is <a href=\"http:\/\/online.wsj.com\/article\/SB121687266713780423.html?mod=rss_Telecommunications\">rumored<\/a> to be floating the idea of selling Nextel as well and as you may know, SK Telecom was looking to <a href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/att\/sprint-nextel-acquired-by-sk-telecom.html\">buy<\/a> Sprint Nextel but Sprint <a href=\"http:\/\/www.tmcnet.com\/comsol\/articles\/15557-sprint-nextel-refuses-5-billion-sk-telecom-offer.htm\">refused<\/a>.<\/p>\n<p>Dorothy was right &#8212; there&#8217;s no place like home (Kansas &#8212; where Sprint is headquartered) as Sprint management has likely never been so busy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a move to pay down debt, Sprint has decided to sell its towers to TowerCo and lease them back. Approximately 3,300 towers will be sold for $670 million in cash. Sprint is rumored to be floating the idea of selling Nextel as well and as you may know, SK Telecom was looking to buy<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[158,168,170,171,179,1,160,163,199,218,188,1676,209,156,189,203,211,118,177,174,190,191,205,219,175,1675],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/7096"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=7096"}],"version-history":[{"count":0,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/7096\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=7096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=7096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=7096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}