Sprint and LightSquared entered into a 15-year agreement

Sprint Nextel and LightSquared, the nation’s first wholesale-only integrated 4G-LTE wireless broadband and satellite network, have announced they have entered into a 15-year agreement that includes spectrum hosting and network services, 4G wholesale, and 3G roaming.

According to the press release,

This spectrum hosting arrangement leverages Sprint’s investment in its innovative, multi-year Network Vision plan. Under the agreement, LightSquared will pay Sprint to deploy and operate a nationwide LTE network that hosts L-Band spectrum licensed to or available to LightSquared. As a wholesale-only carrier with separate core network operations, LightSquared can sell its 4G broadband capacity produced through this spectrum hosting relationship to Sprint, other wireless carriers, and retail partners.

LightSquared has also entered into a 3G nationwide roaming agreement with Sprint. With access to Sprint’s 3G nationwide network, LightSquared’s wholesale customers will be able to offer combined 4G/3G data services as soon as LightSquared launches its first 4G markets in 2012.

In case you want to read more details about Sprint Nextel and LightSquared Announce Spectrum Hosting and Network Services Agreement, please learn more from the official press release on Sprint's website.