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Sprint adds WiMAX coverage in Texas

Mon, 11/16/2009 - 7:45am
Brian Santo

Sprint has begun private-labeling its Clearwire subsidiary’s 4G WiMAX service in Austin and San Antonio, Texas.

The two Texas cities join a growing list of Sprint 4G communities that includes Atlanta; Chicago; Las Vegas; Philadelphia; Portland, Ore.; Bellingham, Wash.; Boise, Idaho; Milledgeville, Ga.; and several cities in North Carolina. Sprint also plans to deploy Sprint 4G service in these additional markets in 2009: Honolulu and Maui, Hawaii; Salem, Ore.; and Seattle.

In 2010, Sprint expects to launch service in multiple markets, including Boston, Houston, New York, San Francisco and Washington, D.C.

Separately, Sprint paid down the last $1 billion of $4.5 billion borrowed through a revolving credit facility. With the payment, Sprint said it no longer has an outstanding balance.

The company said that at the end of the third quarter of 2009, it had $5.9 billion in cash, cash equivalents and short-term investments, and $1.6 billion in borrowing capacity available under its revolving bank credit facility, for total liquidity of $7.5 billion.

More Broadband Direct 11/16/09:
•  Motorola buys CDN specialist BitBand
•  Sprint adds WiMAX coverage in Texas
•  Ruckus takes on Clear with "Smart" Wi-Fi
•  Sezmi pilots new type of TV service in LA
•  OpenTV powers Australian provider's upgrade
•  Brightcove bows 4th generation of video platform
•  Cisco raises bid for Tandberg to $3.4B
•  Report: Qualcomm has lead with 4G patents
•  Broadcast pioneer NBC prepares for cable takeover
•  Broadband Briefs for 11/16/09

 

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