Sprint to launch LTE service in early 2012, Sprint Nextel (NYSE:S) hopes to launch LTE service on its own network sometime early next year, according to a CNET report.

The report, which cited unnamed sources familiar with the matter, said that the nation's No. 3 carrier plans to have the service operational on its own equipment in the first or second quarter, though that launch schedule could be moved up. The report also said that Sprint has been field testing LTE equipment and that it's unclear how many markets will get LTE service initially. Interestingly, the report said Sprint plans to use G-Block spectrum it acquired from Nextel for the deployment as well as 800 MHz spectrum currently being used by Sprint's iDEN network. Sprint has previously said it plans to start shutting down iDEN service in 2013.

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