Spok Holdings to Sell Spectrum Licenses to Sensus USA for $25 Million
Spok Holdings, Inc. announced on Wednesday that it has entered into a definitive agreement to sell a portion of its spectrum licenses to Sensus USA Inc., a subsidiary of Xylem Inc. The transaction involves the transfer of specific wireless spectrum assets for a total cash consideration of $25 million, with the deal expected to close in the third quarter of 2026, subject to regulatory approvals and customary closing conditions.
The agreement requires Spok to divest certain licenses that the company currently utilizes for its paging and messaging services. Following the completion of the sale, Spok will lease back the necessary spectrum from Sensus to maintain its existing operations and service levels for current customers. This arrangement allows Spok to monetize its unused or excess spectrum capacity while ensuring continuity for its communication infrastructure. The company plans to utilize the proceeds from the sale to support its ongoing capital allocation strategy and general corporate purposes.
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Date: June 24, 2026
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