we were told they are trying to gain capital with this clearance mode. and if funds arr there they will be able to maintain only 600 to 900 locations.
Plus, Standard General will be backing, while General wireless does file on debt. We will be restructuring, if all goes to plan. Sprint pulled out, thus we were not able to maintain all those leases, since Sprint was paying the rents.
The ORIGINAL bankruptcy had a list of locations that were Sprint owned and those owned by General Wireless. These two companies are not foolish, this was their plan B. However, just like Nextel and Sprint; Sprint took what they came for and See Yah Later. Corporate America can be so Cruel!