Sprint announced today that it has entered into an agreement to buy all of the remaining stock in Clearwire for $2.2 billion, or roughly $2.97 per share. The carrier already owned 51.7 percent of ...
Clearwire and Sprint Nextel Dec. 1 formally closed their $14.5 billion merger deal to combine the two carriers’ 4G wireless Internet businesses into a nationwide WiMax network. The deal also includes ...
Clearwire faces a nagging “cash hole in its business plan and Sprint is the only game in town to fill it.” That’s the opinion of New York money manager Pardus Capital whose president, Karim Samii, ...
Sprint Nextel’s network partner Clearwire hasn’t been able to find any other big wholesale customers nor sell any of its spectrum, so selling out to Sprint is the only real option for its shareholders ...
Clearwire says it has enough money for the next year to fund its network build, but what happens after that? Its COO is bullish on the future, but competition makes for an uphill climb. Marguerite ...
After passively taking Sprint's abuse for weeks, Clearwire's CEO lashed back today in an interview reported in the Wall Street Journal. Clearwire needs a new contract with Sprint to support the ...
It's official. Sprint and ClearWire are combining their WiMAX business to form a new joint venture. Sprint will have 51 percent ownership, ClearWire 27 percent, and new investors Intel Capital, Time ...
Both Verizon and AT&T are now operating and expanding LTE 4G services, and the mobile industry’s focus has shifted sharply to 4G technology and next-generation mobile broadband. With HSPA+ operator ...
Clearwire operating losses should be of concern to the company as well as investors. While the company is able to grow its customer base mostly through wholesaling agreements with pre-paid wireless ...
Clearwire, the wholesale network provider behind Sprint's current 4G network, said its third quarter sales will top expectations and it will have about 9.5 million subscribers. The company's CFO Hope ...
Clearwire plans to launch its WiMax wireless broadband service in 80 markets and reach as many as 120 million people by the end of 2010, the company said Thursday, as it disclosed its financial ...
Sprint already owned about a 50% interest in Clearwire, but today it’s just confirmed it’s buying the remaining half of the company for around $2.2 billion in cash. With the deal, Sprint inherits ...
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