EDINBURG, Va.-Shenandoah Personal Communications Co. and Sprint Nextel Corp. agreed to extend a mutual agreement to avoid litigation until they can work out a management agreement that takes Sprint Corp.’s acquisition of Nextel Communications Inc. into account.
The two companies entered into the agreement in August and have extended its reach until Feb. 15, according to SEC filings.
Shentel is one of a handful of remaining independent Sprint affiliates. Since Sprint announced plans to acquire Nextel late last year, the carrier has absorbed network affiliates U.S. Unwired Inc., IWO Holdings Inc., Gulf Coast Wireless L.P. and most recently, agreed to pick up Alamosa Holdings Inc. and Enterprise Communications.
A judge recently refused to dismiss a lawsuit against Sprint Nextel for violation of exclusivity agreements from affiliates UbiquiTel PCS Inc. and Horizon Personal Communications Inc.
