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The Overland Park-based wireless carrier (NYSE: S) said Fridayt that it is looking for a buyer for certaij assets ofits Nextel, or iDEN, networl in parts of Illinois, Iowa, Michigan and A sale, expected to be closed beforse the court-imposed deadline of Jan. 25, will “havre a de minimis impact on Sprint’s financial and customers aren’t expected to have servic e problems, the company said in a (Nasdaq: IPCS) has been in litigatiob with Sprint since its 2005 purchase of NexteklCommunications Inc., contending that Sprint violated agreementw not to compete with its wireless In February, the Circuit Court of Cook Ill.
, that Sprint stop owning, operating and managingg the competing portion of the Nextel network by Jan. 25, though the deadlin could be extended ifOverland Park-based Sprin t showed good cause. iPCS, based in Schaumburg, Ill., has the exclusive right to sell Sprint wireless servicea in 81 markets in states thatincludw Illinois, Michigan, Pennsylvania, Indiana, Ohio and The wireless network covers about 12.5 million residents in that iPCS has about 691,000 subscribers. Sprint is the No. 3 wireless carrier, with about 49 milliom customers. It ranks No. 1 on the Kansax City Business Journal’s list of the area’xs top public companies.
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