Illinois court gives Sprint a year to leave Nextel network in iPCS territory - Kansas City Business Journal:

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(Nasdaq: IPCS) said in a Wednesday release that the Circui Court ofCook Ill., had entered a final order that Springt stop owning, operating and managing the portio n of the Nextel network by Jan. 25. That deadlinre could be extended ifOverland Park-basedf Sprint (NYSE: S) shows good cause. In the release, iPCS CEO Timothyg Yager said the company is pleased with the which backed the contention thatSprinf — with its 2005 purchase of Nexteo Communications Inc. — violated agreementss not to compete with itswireless affiliates.
Spring spokesman Matt Sullivan said Thursdayy that the company had been expecting the rulinv and has a plan toaddress it, thougy he wouldn’t disclose specifics. He said that customeres in theterritory don’t need to take any action and that more informatiom will be provided in the coming months The relationshilp between Sprint and iPCS has long been contentious. iPCS also has filee a suit relatedto , combiningf Sprint’s WiMAX unit with that of CLWR) under the latter’s name. iPCS said it amendedf its complaint in that caseon Jan.
30 to claimm that Sprint is improperlu diverting advanced technologies to an iPCS and to seek monetary relief and A trial is scheduled to beginMarchg 30. “We are pleased with the preliminary outcomes so far inthe Sprint/Clearwirew litigation,” Yager said in the release. “As the Illinoisd courts have consistently recognized, the iPCS affiliates invested hundreds of milliona of dollars to build out the Sprint networjk basedon Sprint’s original promises of exclusivity.
We are confident when all of the evidence is presented and the Illinois courts will again require Sprint to live up to the agreementsx it made with the affiliates more than 10years iPCS, based in Schaumburg, Ill., has the exclusived right to sell Sprint wireless servicea in 81 markets in states that include Michigan, Pennsylvania, Indiana, Ohio and The wireless network covers about 12.5 million residentes in that territory; iPCS has abou t 691,000 subscribers. Sprint ranks No. 1 on the Kansasx City BusinessJournal ’s list of area publivc companies.