Sprint Nextel acquires ECP.(FINANCIAL)

2.5G-3G | January 1, 2006 | Copyright

In November 2005, Sprint Nextel paid $4.3 billion for Alamosa Holdings. The company also paid Alamosa Holdings $2,297 per subscriber. Similarly, in another agreement Sprint brought U.S. Wireless for $1.3 billion. Sprint Nextel has now entered into a deal with Enterprise Communications Partnership (ECP). Sprint Nextel is paying ECP about $1,923 per subscriber. By the end of September, ECP's 80 employees will move onto the payroll of Sprint Nextel. With this agreement, ECP's 52,000 customers in Alabama and Georgia are now direct customers of Sprint Nextel. The acquisition cost ...

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