A little help from my friends

Sprint will finance Spark rollout through its network suppliers

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Sprint appears ready to invest in its long-delayed Spark network rollout, but it’s getting some help from the companies that will be providing the equipment. Nokia, Samsung and Alcatel-Lucent are supplying a combined $1.8 billion in LTE gear and engineering services on credit. Sprint is getting a $300 million loan form Export Development Canada. Though Sprint didn’t announce any new timeline for the snail-pace rollout of its Spark uber-4G network, hopefully this will light the necessary fires to bring Sprint’s LTE service on par with its competitors’ sooner rather than later.