In 2012, C Spire purchased $192 million worth of 700 MHz spectrum, which is considered to be incredibly valuable due to its ability to travel long distances and penetrate obstacles. Their goal was to deploy a 4G LTE network to service its entire customer base. However, due to some equipment incompatibilities (and costs) brought on by AT&Ts manipulation of the 700 MHz band, C Spire has been unable to complete this objective. They currently risk penalties from the FCC if they do not manage to utilize their 700 MHz licenses.
C Spire also owns AWS (1.7/2.1 GHz) and PCS spectra, which they have used (in tangent with a roaming agreement with Sprint) to expand their LTE network in over 30 cities in Mississippi. This number rose to 71 by the end of that year. C-Spire has said that they will also expand LTE coverage into Alabama and Florida by 2013 year-end.
In June of 2013, Leap agreed to sell C Spire 10 MHz of its PCS (1.9 GHz) license, based in Biloxi, Mississippi, which deal has been reviewed by the FCC.
AT&T negotiated a transaction with C Spire, wherein AT&T acquired 21,000 rural Alabama subscribers from C Spire’s subsidiary, Corr Wireless. In addition to the consumer base, AT&T gained 25 MHz of Cellular (850 MHz) spectrum in three counties; 10-15 MHz of PCS (1.9 GHz) spectrum in 25 counties; and 12 MHz of C-Block 700 MHz spectrum in 58 counties.
C Spire Wireless (Cellular South) 1988 – present Cellular South owned by Telapex, Inc. (a privately held company) began serving wireless consumers in 1988 on the Mississippi Gulf Coast using AMPS technology. Telapex also owns Telepak Networks, a provider of wireless services and several small Mississippi-based telecoms. In 2009, Cellular South purchased Alabama-based Corr Wireless, expanding its coverage into Georgia. In 2011, Cellular South rebranded as C Spire Wireless.
You may also have been contacted by a company working on C Spire’s behalf who is interested in buying your lease. Please see our lease buyout page. Steel in the Air can assist you with any questions relating to any aspect of cellular lease negotiations. We look forward to hearing from you.
If you have associates who are also party to cell site leases, we advise you to take caution when comparing a potential new lease to theirs. You shouldn’t assume that they knew what they were doing, even if the amounts look enticing.
Consumer demand for higher speeds brought on by robust and rising Smartphone and tablet usage, and the pervasive 4G and 5G technology migration, will drive future demand for cell site leasing. The number of cell sites in the U.S. alone surpassed 400,000 by 2015.