Sprint has recently received a huge influx of cash from their new Japanese partner Softbank. Sprint has spent some of that cash on buying spectrum from US Cellular. With the purchase of the new spectrum from US Cellular they have also acquired about 585,000 users. The deal still has to have regulatory approval, which is said to happen by mid 2013.
The spectrum purchase will increase Sprint’s launch of LTE to the market and allow them to be more competitive in the market.