Sprint still looking to sell iDEN network

With Sprint (NYSE: S)’s EVDO Rev. A-based QChat push-to-talk service eating in to its iDEN network’s instant PTT communications strength, it would make sense to offload the iDEN that they inherited with the acquisition of Nextel in 2005. And, Sprint’s CEO Dan Hesse confirmed today that the company is still looking to sell the iDEN network, pending an attractive offer.

“We don’t have to do this. If we get an offer that’s compelling and delivering and all sorts of other things, we’ll absolutely consider it. If we don’t, we’ll hold on to it. It’s a valuable asset,” Sprint Chief Executive Dan Hesse told a Goldman Sachs conference.

Sprint, in a move that exudes a surprising air of confidence and financial security, announced that it had multiple options for dealing with their iDEN network. Hesse announced that the weak financial sector has yet to impact the wireless market, making Sprint’s position strong enough to pick and choose which path they’ll take for the iDEN network.

If Sprint can get their XOHM network launched soon enough, they’ll likely be left in an even stronger position to sell the iDEN network. Let’s get XOHM launched already, Sprint!

[Via: Reuters]