Sprint Mergers and Acquisitions Summary

Communications Company

Sprint has acquired 13 companies. A total of 2 acquisitions came from private equity firms. It has also divested 4 assets.

Sprint’s largest acquisition to date was in 2005, when it acquired Nextel Communications for $36.0B. It’s largest disclosed sale occurred in 2008, when it sold Sprint Nextel - 3 300 Towers to TowerCo. for $670M. Sprint has acquired in 11 different US states. The Company’s most targeted sectors include communications (93%) and software (8%).

Join Mergr and gain access to Sprint’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the communications sector.

M&A Summary

  • M&A Total Activity16
    • M&A Buy Activity12
    • M&A Sell Activity4
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 6
  • M&A Advisors 4

Sprint Corp.

6200 Sprint Parkway,
Overland Park, Kansas 66251
United States,
(800) 829-0965
www.sprint.com

Sprint is a provider of wireless and wireline communications services for consumers, businesses and government users. In addition to the Sprint brand, Sprint offers its services through Virgin Mobile USA, Boost Mobile, and Assurance Wireless.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.0/yr) # 12 - - - - - 12
vol $49.2B $49.2B
Sell (0.0/yr) # 4 - - - - - 4
vol $1.2B $1.2B
  16

Most Recent M&A

Company Date Value Type
Clearwire, Inc. 2013-07-19 - Add-on Acquisition
Bellevue, Washington · www.clearwire.com
Handmark, Inc. 2013-05-20 - Add-on Acquisition
Kansas City, Missouri
Virgin Mobile USA, Inc. 2009-11-24 483M USD Add-on Acquisition
Warren, New Jersey · www.virginmobileusa.com
iPCS, Inc. 2009-10-19 831M USD Add-on Acquisition
Schaumburg, Illinois · www.ipcswirelessinc.com
Sprint Nextel - 3,300 Towers 2008-07-23 670M USD Divestiture
, United States
Northern PCS Services, LLC 2007-06-13 313M USD Add-on Acquisition
Waite Park, Minnesota
Embarq Corp. 2006-05-16 - Spin Off
Overland Park, Kansas
UbiquiTel, Inc. 2006-04-20 1.0B USD Add-on Acquisition
Conshohocken, Pennsylvania
Alamosa Holdings, Inc. 2005-11-21 4.3B USD Add-on Acquisition
LubbocK, Texas · www.alamosapcs.com
IWO Holdings, Inc. 2005-10-20 427M USD Add-on Acquisition
Albany, New York
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications 12 (92%) 49.6B (100%) 4 (100%) 1.2B (100%)
Software 1 (8%) - - -
Total 13 $49.6B 4 $1.2B

By Geo

State/Country Buy Value Sell Value
United States 13 49.6B 4 1.2B
  New Jersey 2 483M 1 483M
  Illinois 2 5.5B - -
  Kansas - - 2 34M
  Washington 1 - - -
  Virginia 1 36.0B - -
  Texas 1 4.3B - -
  Pennsylvania 1 1.0B - -
  New York 1 427M - -
  Missouri 1 - - -
  Minnesota 1 313M - -
  Louisiana 1 1.3B - -
Total 13 $49.6B 4 $1.2B

Top M&A Advisors

Financial Deals
Citigroup Investment Banking
7
Legal Deals
King & Spalding LLP
6
Jones Day
1
Skadden, Arps, Slate, Meagher & Flom LLP
1

Deal Values

buy # Total
> $1B 5 $47.3B
$100M to $1B 5 $2.3B
TOTAL $49.6B
Largest Nextel Communications, Inc.
$36.0B (2005-08-15)
sell # Total
$100M to $1B 2 $1.2B
< $100M 1 $34M
TOTAL $1.2B
Largest Sprint Nextel - 3,300 Towers
$670M (2008-07-23)

M&A Connections

Deals %
Acquired from
PE Firm(s)
50%
2 50%
Strategic(s)
50%
2 50%
Divested to
Strategic(s)
100%
2 100%

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