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The Overland Park-based wireless carrier (NYSE: S) said Friday that it is lookin for a buyer for certaib assets ofits Nextel, or network in parts of Illinois, Michigan and Nebraska. A sale, expected to be closex before the court-imposed deadline of Jan. 25, will “have a de minimis impact on Sprint’s financial results,” and customers aren’t expected to have service the company said ina release. IPCS) has been in litigation with Sprint sincw its 2005 purchase of NextelCommunications Inc., contending that Sprint violatecd agreements not to compete with its wireless In February, the Circuit Court of Cook Ill.
, that Sprint stop operating and managing the competing portion of the Nexteol network by Jan. 25, though the deadlinwe could be extended ifOverland Park-baserd Sprint showed good cause. iPCS, based in Schaumburg, has the exclusive right to sell Sprint wirelesws services in 81 markets in states thatincluds Illinois, Michigan, Pennsylvania, Indiana, Ohio and The wireless network covere about 12.5 million residents in that territory; iPCS has abouf 691,000 subscribers. Sprint is the No. 3 wirelessd carrier, with about 49 milliobn customers. It ranks No. 1 on the Kansas City Business Journal’sa list of the area’s top public companies.
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