RadioShack Partners With Cingular and Sprint

DALLAS RadioShack has entered into 10-year and 11-year agreements with Cingular Wireless and Sprint PCS, respectively, to be the retailer’s long-term wireless providers in RadioShack stores nationwide.

Cingular and Sprint have also committed to support the Fort Worth, Texas-based retailer’s strategy of expanding retail distribution outside of the core RadioShack stores, the company said.

“First and foremost, our negotiations were focused on improving the economics of the RadioShack-store wireless business and on assuming a more significant role in the carriers’ overall distribution strategy,” said David Edmondson, president and chief executive officer of RadioShack.