KANSAS CITY, Mo.-Sprint PCS and its affiliates announced an agreement reducing the reciprocal rate exchange for customers who “travel” into each others networks from 20 cents per minute of use to 15 cents beginning June 1, and to 12 cents beginning October 1. The rate is expected to drop to 10 cents beginning next year.
“We have successfully built out our networks and launched Sprint PCS in our service areas and the adjusted travel rate reflects changing costs and market conditions,” said David Sharbutt, chief executive officer of Alamosa Holdings and a representative of the Sprint PCS affiliate executive council. “We are pleased to have established the principle with Sprint PCS for determining the travel rate that provides certainty in our long-term agreement during a time in which the wireless industry continues to evolve.”
There are currently 14 affiliates in 43 states managing more than 1 million Sprint PCS subscribers.
