Sprint announces Clearwire acquisition

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Sprint today announced that it has officially entered into an agreement to acquire the roughly 50 percent stake in Clearwire that it currently does not own. At a rate of $2.97 per share, the price comes in at 128 percent value as compared to the closing price of shares on the day before the ...

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Sprint bids $2.1 billion for Clearwire buyout

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Sprint has formally offered $2.1 billion for the remaining 48.3 percent of Clearwire stake, according to Reuters. Pending acceptance and regulatory approval, Sprint will end up paying $2.90 per share for the deal, a slight premium over the closing price from yesterday. The transaction is ...

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Sprint to acquire remaining Clearwire stake, reports indicate

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Sprint is nearing a deal which will see the carrier purchasing the remaining stake of Clearwire, according to new reports. Said to be close to wrapping up by the end of the year, Sprint could acquire the 49% of the company (~488 million shares) owned by the public. Reportedly, Sprint has been ...

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Google reconsiders Clearwire involvement, sells stake for $47 million

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Despite a rather large monetary refresher from Sprint, Clearwire’s financial woes haven’t ended quite yet. Earlier this month, Google announced that it would be selling its 29.4 million shares in the mobile data company for $1.60 each, a total of $47 million. Letters were sent to ...

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Sprint Not Planning Tiered Data Plans, Yet

Sprint CEO Dan Hesse was in the hot seat today with Walt Mossberg at the Dive into Mobile conference. When pressed about the carrier's plans to offer a tiered data plan, Hesse said they aren't planning to change things up.

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Clearwire Responds to Verizon’s 4G Announcements

You knew it wouldn't be long before the other players started chipping away at Verizon's 4G news. Only hours after the announcement, Clearwire is among the first to come out publicly and take on Big Red's LTE network.

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Best Buy’s Rocketfish Tablet Expected to Run Android

Best Buy recently announced a strategic relationship with Clearwire, which should see the retail giant providing 4G mobile broadband service under the Best Buy Connect brand. As part of the deal, Best Buy will offer a one stop shop and support for mobile broadband devices to take advantage of ...

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Clearwire Expecting WiMAX-capable Samsung Phone in 2010

At one point during Clearwire’s first quarter earnings call yesterday the topic of WiMAX-capable phones came up. It was mentioned that both Samsung and HTC were expected to release handsets capable of supporting the new 4G service. 

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HTC EVO 4G (a.k.a. Supersonic) on Sprint

It’s here! The “Supersonic” that has been running through the rumor mill has officially been announced by Sprint as the HTC EVO 4G. It has everything they said it would have, and more.

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Sprint Dropping CDMA/WiMAX Modem Next Week

Check your Sunday newspapers this coming weekend.  There might be an ad somewhere in there for the new Sprint dual-mode CDMA/WiMAX modem.  Set to launch for $150, this will be the first device that works on both the high-speed WiMAX network that Clearwire is building out, as well as ...

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Google Patents a Game Changer – Telcos Aren’t Going to Like This One

Imagine having carriers submitting bids directly to your handset for the lowest cost data and cellular service.

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AT&T Crying Foul Over Xohm and Clearwire Merger

AT&T aren’t taking the Sprint Xohm Clearwire merger as just added competition. Naturally, they see it as a competitive threat to their current 3G and future 4G business. That explains why they are now pleading like little girls to the FCC to block the merger. On Thursday, it filed a ...

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