Cricket and Clearwire Announce Long-Term Wholesale 4G LTE Agreement
Cricket Communications, Inc., and Clearwire Corp (NADSAQ: CLWR) today announced that they have entered into a five-year wholesale agreement. With the agreement, Cricket will become the second operator to have signed on to leverage Clearwire's forthcoming LTE Advanced-ready network, which will provide capacity off-load services to supplement Cricket's own LTE network. Cricket currently plans to deploy LTE across approximately two-thirds of its current network footprint over the next two to three years and to cover up to approximately 25 million POPs with LTE network technology in 2012.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.