Sprint's fight with iPCS continues to wage on multiple fronts, all of which have been ongoing for eons -- especially the whole iDEN tussle in the wake of Sprint's merger with Nextel. Most recently, that little soap opera had seen an Illinois court rule that Sprint's got to divest some iPCS-controlled iDEN markets to bring it back into contractual compliance and restore Mother Nature's balance, and now Sprint's gotten around to announcing how that process is going to work. In short, it seems like a free-for-all -- the company has apparently put out a few feelers for buyers, but anyone it hasn't contacted is invited to hook up with Citi, who's managing the ordeal on Sprint's behalf. The carrier says that it expects everything to be squared away by January 25 of next year, which is when the court-imposed deadline falls; in the meantime, subscribers, stay cool, because Sprint says that service will continue uninterrupted and expects any transition to be seamless.

We suppose you could think of AT&T and Verizon as football teams and wireless markets as high-priced players, because a few of 'em just got traded like the athletic pieces of meat that they are. It's no secret that Verizon had to offload some markets to satisfy government requirements following its Alltel buy, and AT&T has now agreed in principle to pick up about 1.5 million subscribers' worth of spectrum and equipment in 79 market areas -- mostly rural -- for some $2.35 billion in cash. In the other direction, Verizon will be cutting AT&T a check for $240 million in exchange for about 120,000 subs in five legacy Centennial markets -- contingent, of course, on the successful completion of AT&T's purchase of Centennial. Interesting moves, but it'll be even more interesting to see which move leads its team to the playoffs... er, you know what we mean.

Read - AT&T agrees to acquire divestiture properties from Verizon
Read - Verizon acquires certain Centennial Wireless properties from AT&T

In order to get the FCC to agree to Verizon's massive acquisition of Alltel -- the US' 5th-largest carrier -- it had to agree to some pretty serious concessions, including divestitures in a whole slew of markets to ensure that the competitive spirit remained intact. The "transaction" (as Verizon calls it) closed on January 9, and the resulting mega-carrier was given until May 9 -- a week from Saturday -- to finish spinning off the required markets. Well, as we all know, companies this large aren't known for their agility, and sure enough, Verizon is asking for just a little more time to dot its i's and cross its t's. A "Request for Extension of Management Period" has been filed with the FCC on behalf of the companies asking for another 60 days, which means the divested markets would be up and running outside of Verizon's control by July 8 of this year. Verizon blames "the sheer size and complexity of the divestitures coupled with the current economic conditions" for the request, but seriously, can't they just throw this all up on eBay for, say, a 5- or 7-day auction and be done with it? No? [Warning: PDF link]

You've got to give a little to get a little, as they say, and giant, multinational joint ventures apparently aren't exempt from the mantra. In buttering up the ladies and gentlemen of the FCC enough to approve the takeover of Alltel, Verizon Wireless has agreed to spin off 85 markets' worth of Alltel subscribers in 18 states, which tallies up to about 15 percent of its 13 million-strong base. The move is designed to preserve competition, particularly in rural areas where some customers could suddenly find themselves with just a single carrier in town with enough signal strength to get the job done. There's still no telling whether the FCC will ultimately approve the move -- it could demand additional concessions or strike it down outright -- but it's a start.

[Via Phone Scoop]