Lightyear Network Solutions, parent company of Lightyear Wireless has announced that it has signed a new 5 year agreement with Sprint to resell services under its Lightyear Wireless brand as an MVNO. The agreement includes the development of prepaid and postpaid services under the new MVNO as well as access to newer devices in a more timely manner in order to better serve its customer base of 60,000 customers. The new agreement takes effect immediately.