Financial Times FT.com

Sprint could spin off 4G network

By Paul Taylor

Published: December 4 2007 02:00 | Last updated: December 4 2007 02:00

Sprint Nextel, the US telecoms group, is considering spinning off its embryonic nationwide 4G network based on WiMax technology and then buying broadband wireless services back from the unit.

Paul Saleh, Sprint Nextel's chief financial officer and acting chief executive, told investors at a UBS conference in New York that creating a separate investor-funded WiMax entity was one of a number of options under consideration.

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