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 …
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 …
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 …
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 the speedy 4G network. One such device is likely to be the newly-twitter-leaked Rocketfish tablet.
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.
Check your Sunday newspapers this coming weekend.Â There might be an ad somewhere in there for the new Sprint dual-mode CDMA/WiMAX modem.Â Set to launch for $150, this will be the first device that works on both the high-speed WiMAX network that Clearwire is building …
Imagine having carriers submitting bids directly to your handset for the lowest cost data and cellular service.
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. …
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