DEALS: FiberTower will provide backhaul for Sprint's WiMAX network

DEALS

WHO

WITH

WHAT

SCOOP

Verizon Wireless

Rural Cellular

Verizon Wireless is acquiring RCC for $2.67B

RCC's customer base is 716,000 and it operates in about 15 states.

Prexar

Amp'd

Prexar has signed a definitive agreement to acquire Amp'd assets as the MVNO has filed Chapter 11.

Amp'd subscribers who move to the Prexar network can for the most part continue using their existing mobile handsets, and have their choice from a suite of calling and text messaging plan options.

FiberTower

Sprint

FiberTower will provide backhaul for Sprint's WiMAX network.

The agreement calls for FiberTower to deploy commercial ethernet services, which the company claims is a first for any mobile backhaul provider.

Citi

Obopay

Citi and Obopay will trial a p2p payment platform in Chicago and Boston.

Trial participants can send each other payments, add money to their accounts via text, check balances and view payments histories.