Sprint - Nextel 2013 Annual Report Download - page 167
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Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Clearwire Related
-
Party Transactions
Sprint's relationship with Clearwire, which is now a wholly
-
owned subsidiary, includes agreements by which we resell wireless data services utilizing
Clearwire's 4G network. In addition, Clearwire subscribers utilize the third generation (3G) Sprint network which provides dual
-
mode service to subscribers in
those areas where access to its 4G network is not available. Cost of services and products included in our consolidated statements of comprehensive loss
related to our agreement to purchase 4G services from Clearwire totaled
$207 million
for the Predecessor period from January 1, 2013 to the Clearwire Acquisition
and
$417 million
and
$405 million
for the Predecessor years ended
December 31, 2012
and
2011
, respectively.
SoftBank Related
-
Party Transactions
In addition to agreements arising out of or relating to the SoftBank Merger, Sprint and SoftBank have entered into various other arrangements with
SoftBank Parties or with third parties to which SoftBank Parties are also parties, including for international wireless roaming, wireless and wireline call
termination, real estate and other services. Transactions under these agreements were immaterial through the Successor year ended December 31, 2013.
On February 10, 2014, the unsecured revolving bank credit facility was amended to provide additional lender commitments to bring the total capacity
from
$3.0 billion
to
$3.3 billion
.
F
-
47
Note 16.
Related
-
Party Transactions
Note 17.
Subsequent Events