Sprint Nextel, Walt Disney Agree On Spectrum Relocation"

Sprint Nextel and Walt Disney's ABC Owned Television Stations Group agreed to relocate spectrum use, allowing Sprint to offer commercial mobile radio services over a portion of the 2-gigahertz band.

Sprint, a Reston, Va., telecommunications company will pay for ABC's relocation expenses, including the acquisition of comparable equipment to operate in new frequencies.

Under a Federal Communications Commission order, 2-GHz broadcast auxiliary service licensees, such as the ABC-owned stations, must relocate to new spectrum assignments by September 2007.

-Jason Ma; 201-938-5400; AskNewswires@dowjones.com

(END) Dow Jones Newswires
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Posted to the site on 21st April 2006