Sprint ready to sell its iDen push-to-talk network?
According to a story at CNBC, cellular carrier Sprint is in talks to sell off it’s iDen wireless network to either NII Holdings Inc. or private equity investors.
Their iDen network, as some of you may already know, is what the carrier uses for it’s push-to-talk service. (For more info about iDen technology check out the Wikipedia page here.)
After another quarter of subscriber defection Stifel Nicolaus analyst Chris King feels that “every piece of the business is for sale at a certain price right now.”
Another analyst, Michael Nelson with Stanford Group, doesn’t say that’s not true but does add that “even if they want to sell iDen I don’t think there’s a buyer.”