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, 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 ...
Sprint Nextel will spend US$2.2 billion to take complete ownership of Clearwire, a move that will help it expand its network capacity. Clearwire’s board of directors has accepted the latest bid ...
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 ...
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 ...
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 ...
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 ...
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 ...
It looks like Clearwire has been thrown a life-preserver. The company made good on its $237 million interest payment Thursday, but there was also a big announcement: a resale and funding agreement was ...
NEW YORK -- Satellite TV provider Dish Network is offering to buy wireless network operator Clearwire — which agreed to sell itself to Sprint in December — for $3.30 per share, or $5.15 billion.
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