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Sprint: iDEN network sale still an option

Chris Ziegler

Sprint CEO Dan Hesse has all but confirmed in an investors' conference this week the longstanding rumor that his company is looking for someone to buy its iDEN network, the main asset brought on in its 2004 acquisition of Nextel. With its EV-DO Rev. A-based Direct Connect system rapidly coming online, iDEN seems to make less and less sense for Sprint in the long term -- but the real question is whether anyone's going to be willing to pay enough to make it worth Sprint's while to part with Nextel's legacy. Hesse basically says that they could go either way; if they see a deal they like, they'll take it, but if they don't, they're cool hanging onto it because it's "a valuable asset." Besides, where else are you going to find beauts like the i365?

[Via Phone Scoop]

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