Sprint Nextel CEO Dan Hesse confirmed that there has been significant interest from companies wishing to bid on the Nextel iDEN business but said that the current economic climate may make it tough for a bidder to raise capital. He added that selling that asset wasn't the only option for Sprint.
Alltel's previous owners TPG Capital and GS Capital Partners have been named as possible bidders, however it's likely the venture capital firms would have to wait until their proposed sale of Alltel to Verizon Wireless is complete, which is expected to occur by year-end.
- see this article
Is Sprint selling its iDEN business?
Sprint CEO looks to improve Nextel unit