Clearwire’s management, which had previously thrown its support behind Sprint Nextel’s attempt to acquire the remaining stake in its operations for $2.97 per share, was unsurprisingly just as enthused with the increased offer of $3.40 per share.
“The special committee of the board of directors...
To the surprise of few, Sprint Nextel upped its offer to acquire the remaining stake in Clearwire just hours before Clearwire investors were to vote on the originally proposed $2.2 billion deal. The move pushed Clearwire to postpone that vote until May 31.
The new...
There is nothing like desperation to make someone sweat. And there is nothing like the smell of sweat to tell when someone is desperate. Some may call it sweet, but I prefer to refer
Is Clearwire getting nervous about the pending shareholder vote on its potential acquisition by Sprint Nextel?
Clearwire today sent out a “reminder” letter to shareholders to vote with the “white proxy card” that signifies a vote in favor of Sprint Nextel’s $2.2 billion acquisition. The...
Clearwire’s management continues to show its preference for an acquisition by Sprint Nextel, sending a letter this morning to investors urging them to approve the pending $2.2 billion deal and laying out reasons for its decision.
The letter, authored by current Clearwire Executive Chairman John...
I know there is more going on in the wireless space than this battle of billionaires over Sprint Nextel, but I can’t for the life of me get enough of it.
Softbank continued its push to convince Sprint Nextel shareholders that its proposed $20.1 billion acquisition of a 70% stake in the carrier is superior than a competing offer from Dish Network, with the latest salvo involving a sponsored report undercutting the proposed value of...
Clearwire looks to have officially endorsed its pending acquisition by Sprint Nextel, with a “special committee” set up by the carrier sending a letter out this morning to investors recommending they vote in favor of the $2.2 billion deal. The vote is scheduled for...
Sprint Nextel reported today that it has received permission from Softbank to proceed with discussions with Dish Networks regarding Dish’s proposal to acquire Sprint Nextel. Softbank is also in the process of attempting to acquire Sprint Nextel.
Sprint Nextel noted that the waiver “will permit...
Clearwire continued to meander between its past and future during the first quarter of the year, posting mixed results impacted by the decline of its wholesale WiMAX business and concerns over funding for its future LTE plans.
Highlighting the dwindling business from its wholesale operations,...
Facebook means business when it comes to mobile – the company is spending an estimated $85 million to acquire Parse – that’s a hot startup that manages mobile for businesses.
http://www.youtube.com/watch?v=czG7wcsxY4I
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Parse manages iTunes apps for The Food...
The first-quarter blues hit hard at Sprint Nextel as the carrier posted sluggish customer growth, though it managed to show improved financial performance.
Sprint Nextel said it lost 415,000 customers during the first quarter due to continued defections from its iDEN operations and losses through...
In case you are not aware, Charlie Ergen really, really, really wants to get into the wireless business. I am not just talking about opening up a kiosk at the local mall
Further muddying Clearwire’s future is a report that Verizon Wireless has offered up to $1.5 billion to acquire the rights to some of Clearwire’s 2.5 GHz spectrum licenses.
The Wall Street Journal reported this morning that according to a Clearwire filing late last week, the...
Merger-mania continued to spin around the wireless space as this morning Dish Networks put in a $25.5 billion bid to acquire 68% of Sprint Nextel. The deal further spices up current scenarios that have Japan’s Softbank attempting to acquire $70% of Sprint Nextel for...
Investor continue to appear averse to Clearwire taking money from Sprint Nextel, as another investment firm has offered to bankroll Clearwire’s short-term money needs.
Reuters is reporting that New York-based Aurelius Capital Management sent a letter to Clearwire’s board offering to provide $80 million in...
Funding news added some new twists and turns to the future of both Clearwire and Dish Networks.
At Clearwire, minority shareholder Crest Financial said it was proposing to provide the carrier with up to $240 million in financing through convertible debt that would allow Clearwire’s...
Clearwire appears to want the best of both worlds. The company says it's still talking to Dish Networks about a possible buyout, but it can't resist Sprint Nextel's cold hard cash. This week the company borrowed another $80 million from Sprint, taking it one...
I think it might be time for Samsung to have an intervention. This week, the consumer electronics giant unveiled its latest Galaxy smartphone, which according to my memory is the 39th iteration of that device in the past three weeks.
Clearwire’s future continued on its un-clear path as the wireless broadband company announced plans to dip into an $80 million “draw” provided by Sprint Nextel as part of its ongoing attempt to acquire Clearwire, though Clearwire’s management reiterated that it has still not decided...
Attempts to further global roaming abilities of the TD-LTE standard reportedly are progressing as the Global TD-LTE Initiative claimed that new testing had begun between operators in China, Hong Kong, the United States, Japan, Korea and India. The carriers involved include China Mobile, Clearwire,...
Earnings news, product announcements and the latest from FirstNet. RCR Wireless brings you up to date on the week's news.
http://www.youtube.com/watch?v=7ycUYgnXtyM
RCR Wireless News takes a deep dive into the current small cell space as it relates to LTE deployments, talking with carriers, analysts and equipment and technology providers on how the market is currently playing out and where they expect the market to be headed in...
Clearwire continued to bleed customers during the final three months of 2012 as uncertainty regarding the carrier’s future plans seem to be impacting ongoing operations.
During the fourth quarter, Clearwire said it lost 906,000 net customers, with a gain of 9,000 retail subscribers offset by...
