Add-on Acquisition • Communications

Sprint Acquires UbiquiTel

On April 20, 2006, Sprint acquired communications company UbiquiTel for 1.0B USD

Acquisition Context
  • This is Sprint’s 8th transaction in the Communications sector.
  • This is Sprint’s 5th largest (disclosed) transaction.
  • This is Sprint’s 8th transaction in the United States.
  • This is Sprint’s 1st transaction in Pennsylvania.

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M&A Deal Summary

Date April 20, 2006
Target UbiquiTel
Sector Communications
Buyer(s) Sprint
Deal Type Add-on Acquisition
Deal Value 1.0B USD

Target Company

UbiquiTel

Conshohocken, Pennsylvania, United States
UbiquiTel Inc. (NASDAQ:UPCS) was a Sprint PCS affiliate established to construct and operate a Sprint PCS wireless network in selected markets in the western and midwestern United States.
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Buyer Overview 1

Buyer

Sprint

Overland Park, Kansas, United States

Category Company
Founded 1899
Sector Communications
Employees36,000
Revenue 33.3B USD (2018)
DESCRIPTION
Building on Sprint's corporate campus in Overland Park, Kansas.
Building on Sprint's corporate campus in Overland Park, Kansas.

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.


Deal Context for Buyer #
Overall 8 of 13
Sector: Communications 8 of 12
Type: Add-on Acquisition 6 of 11
State: Pennsylvania 1 of 1
Country: United States 8 of 13
Year: 2006 1 of 1
Size (of disclosed) 5 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-21 Alamosa Holdings

LubbocK, Texas, United States

Alamosa Holdings, Inc. is a provider of wireless personal communications services (PCS). It operates the digital, code division multiple access wireless network.

Buy $4.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-16 Embarq

Overland Park, Kansas, United States

Embarq Corporation offers a complete suite of communications services. For consumers, EMBARQ offers an innovative portfolio of services that includes reliable local and long distance home phone service, high-speed Internet, wireless, and satellite TV from DISH Network. For businesses, EMBARQ has a comprehensive range of flexible and integrated services designed to help businesses of all sizes be more productive and communicate with their customers.

Sell -