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Confirmed: Sprint Shutting Down WiMax Network on Nov. 6, 2015

October 7, 2014 11:22 am | by Ben Munson | News | Comments

Sprint has confirmed it will shut down its WiMax network around the first week of November next year. “Sprint will cease operating the Sprint 4G WiMAX network on or about November 6, 2015,” a Sprint spokesperson told Wireless Week. Most WiMAX subscribers are upgrade eligible due to the age of their device. In addition, offers are being planned for targeted postpaid WiMAX subscribers prior to the WiMAX network shutdown.

Dish’s Ergen Ready to Bid on T-Mobile if Sprint Deal Falls Through

May 9, 2014 10:27 am | by Ben Munson | News | Comments

Dish Network Chairman Charlie Ergen said T-Mobile would have “strategic interest” to his company...

Sprint Stops Postpaid Subscriber Losses in 4Q

February 11, 2014 8:54 am | by Ben Munson | News | Comments

The Sprint platform added 58,000 postpaid subscribers, a relatively small number but a marked...

Former Clearwire Chief Erik Prusch is NetMotion’s New CEO

January 13, 2014 9:35 am | by Ben Munson | News | Comments

Erik Prusch is now CEO of enterprise mobility software provider NetMotion. Prior to signing...

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Wireless Week's Top 25 Headlines of 2013: Episode 5 (5-1)

December 20, 2013 10:57 am | by Wireless Week Staff | Videos | Comments

Welcome to the final segment in Wireless Week's Top 25 Headlines of 2013. Today's the big reveal of our top 5 headlines of 2013, which includes major news from companies like Vodafone, Verizon, T-Mobile, Sprint, Clearwire. Thanks to everyone who has tuned in over the past few weeks. It's been a great year and we look forward to following all the headlines we're sure will be made in 2014.

Wireless Week's Top 25 Headlines of 2013: Episode 3 (15-11)

December 11, 2013 3:00 pm | Videos | Comments

In this five part video series, Wireless Week editors Andrew Berg and Ben Munson will count down the top headlines of 2013. Be sure to catch each installment, as we make our way through all the biggest news events from the past year! 

MVNOs, M2M Driving Wholesale Connections at AT&T, Sprint, T-Mobile

August 19, 2013 11:24 am | by Ben Munson | News | Comments

In the past three years, wholesale connections stemming from mobile virtual network operators (MVNOs) and M2M have climbed by 30 million to hit 70 million across six top carriers. According to new numbers from GSMA Intelligence, the group including AT&T, T-Mobile, Sprint, US Cellular, Clearwire and Verizon Wireless has seen combined total connection gains of 20 percent over the last two years.


Sprint’s “Unlimited For Life” Hinged on Clearwire Deal

July 12, 2013 9:43 am | by Ben Munson | News | Comments

Just a day after closing its merger with SoftBank, Sprint unveiled some new unlimited talk, text and data plans. Unlimited data’s a big deal if only because the two biggest wireless providers in the U.S., AT&T and Verizon, completely shun the idea. But the timing of the plan caused speculation that the move was the first of many disruptive waves stemming from SoftBank entering the U.S. market. Not exactly.

The SoftBank-Sprint-Clearwire Deal is Officially Done

July 11, 2013 9:51 am | by Ben Munson | News | Comments

Following nine arduous months of bids, revised bids, public beefs and lawsuits, Sprint today announced the completion of its merger with Japanese carrier SoftBank. With Sprint absorbing Internet wholesaler Clearwire in a deal finalized Monday, both Sprint and Clearwire are now effectively under the control of SoftBank.

Clearwire Minority Shareholders OK Sprint Deal

July 8, 2013 2:12 pm | by Ben Munson | News | Comments

Clearwire today announced its minority shareholders approved the $5 per share merger bid from Sprint. Of the minority shareholders not affiliated with Sprint or SoftBank, approximately 82 percent voted in favor of the transaction. In addition, holders of approximately 95 percent of all outstanding shares of Clearwire common stock also cast votes in favor of the merger.

FCC Approves SoftBank-Sprint-Clearwire Transaction

July 8, 2013 10:11 am | by Ben Munson | News | Comments

The FCC has given its blessing to SoftBank’s $21.6 billion merger bid for Sprint and Sprint’s $5 per share buyout bid for Clearwire. In the order, released last Friday, the Commission concluded that the proposed transaction will likely result in public interest benefits.

Report: FCC Approves SoftBank’s Bid for Sprint

July 3, 2013 9:14 am | by Ben Munson | News | Comments

SoftBank’s $21.6 billion deal for Sprint has won the approval of the FCC in a 2-1 vote. Bloomberg, citing people familiar with the matter, said the Commission’s decision covers both SoftBank’s bid and Sprint’s $5 per share offer to buy the remaining 50 percent of Clearwire it doesn’t already own.


Dish Formally Withdraws from Clearwire Bidding

June 27, 2013 10:15 am | by Andrew Berg | News | Comments

Dish Network on Wednesday formally withdrew its tender offer to acquire all outstanding shares of Clearwire for $4.40 per share.  The move comes in the wake of Dish’s decision back out of its bid for Sprint. Dish was far from winning over Clearwire investors to its offer anyway...

Sprint Shareholders Approve Softbank Deal

June 25, 2013 12:48 pm | by Andrew Berg | News | Comments

Sprint Nextel shareholders voted today to approve Japanese carrier Softbank's offer to purchase 78 percent of Sprint. Shares of the company were up almost 2 percent to $6.99 on the news. According to a press release, Sprint shareholders overwhelmingly approved the deal...

SoftBank Looking Ahead with Sprint as Dish Throws in Towel

June 21, 2013 9:58 am | by Ben Munson | News | Comments

SoftBank CEO Masayoshi Son expressed confidence that his company’s bid to acquire Sprint should wrap up by early July now that Dish has officially thrown in the towel on its bid for Sprint. Still, Reuters reported that Son warned the crowd at SoftBank’s annual shareholders meeting that Dish could still make a move before the June 25 Sprint shareholders vote.

Sprint, Clearwire Agree to New $5 Per Share Acquisition Deal

June 20, 2013 3:45 pm | by Ben Munson | News | Comments

Sprint today announced that Clearwire has accepted Sprint’s raised bid of $5 per share to buy out Clearwire. The new deal values Clearwire at approximately $14 billion and represents a 47 percent premium over Sprint’s previous offer of $3.40 per share.

Dish Eyes July 1 Closure for Clearwire Tender Offer as Sprint Lawsuit Looms

June 20, 2013 11:28 am | by Ben Munson | News | Comments

Dish is expecting to close by July 1 on its tender offer to purchase all outstanding common stock of Clearwire. The satellite provider said as much in a statement declaring opposition to Sprint’s lawsuit. Dish is arguing that Sprint’s request for expedited proceedings be denied.


Dish Calls it Quits on Sprint Bid, Will Focus on Clearwire Deal

June 19, 2013 9:39 am | by Ben Munson | News | Comments

In a statement released late yesterday, the satellite-TV provider said that Sprint’s decision to prematurely terminate Dish’s due diligence process and accept SoftBank’s revised acquisition bid of $21.5 billion has made it “impractical” for Dish to submit a new offer to Sprint. Dish instead said it will focus its efforts and resources on completing the Clearwire tender offer.

Sprint Sues to Block Dish’s Plan to Buy Clearwire

June 18, 2013 9:59 am | by Ben Munson | News | Comments

Sprint has filed a complaint with the Delaware Court of Chancery against Dish and Clearwire, asking the courts to put the brakes on Dish’s tender offer to Clearwire. In a press release, Sprint said “DISH has repeatedly attempted to fool Clearwire’s shareholders into believing its proposal was actionable in an effort to acquire Clearwire’s spectrum and to obstruct Sprint’s transaction with Clearwire.”

Dish, nTelos Deploy 50 Mbps Fixed LTE in Rural Virginia

June 14, 2013 10:07 am | by Ben Munson | News | Comments

Dish Network has deployed fixed broadband service in rural Virginia using nTelos’ 2.5 GHz wireless BRS spectrum. The initial tests yielded speeds of 20-50 Mbps. In May, Dish and nTelos announced a partnership to co-develop the service. For the initial test, the companies activated two wireless tower test sites in the Blue Ridge Mountains.

Report: Clearwire Supporting Dish Offer, Delaying Sprint Vote

June 12, 2013 4:40 pm | by Ben Munson | News | Comments

A special committee is reportedly recommending Clearwire’s board fully endorse Dish Network’s tender offer of $4.40 per share. The Wall Street Journal, citing a person familiar with the situation, reported that Clearwire will likely postpone the June 13 shareholder vote on Sprint’s current bid of $3.40 per share to buy out Clearwire.

SoftBank Ups Sprint Bid, Sprint Puts Dish in the Corner

June 11, 2013 10:03 am | by Ben Munson | News | Comments

SoftBank late Monday raised its bid to acquire Sprint to $21.6 billion from $20.1 billion, or $7.65 per share. Under the new agreement, SoftBank would take a 78 percent stake in Sprint, up from the 70 percent promised in the previous offer.

Report: SoftBank Could Buy Deutsche Telekom’s Stake in T-Mobile

June 7, 2013 4:33 pm | by Ben Munson | News | Comments

SoftBank might be interested in buying Deutsche Telekom’s (DT) 74-percent stake in T-Mobile USA, if the Japanese carrier’s $20.1 billion bid for Sprint falls through. Reuters is citing three sources familiar with the situation saying that the talks—a continuation of preliminary negotiations between SoftBank and DT that began last year—have recently ramped up in light of Dish’s competing bid of $25.5 billion for Sprint.

Sprint: Dish’s Clearwire Bid “Not Actionable,” Violates Law

June 3, 2013 10:30 am | by Ben Munson | News | Comments

Sprint is firing back at Dish’s offer to buy the remainder of Clearwire, calling the bid “not actionable” and saying it violates Delaware law and the existing Clearwire Equityholders’ Agreement (EHA). In a letter sent Wednesday to Clearwire’s board, Sprint CEO Dan Hesse made it clear that his company “will not vote in favor of [Dish’s] proposal, tender its shares in the offer or waive any of its rights as a stockholder or under the EHA.”

Clearwire Postpones Sprint Vote, Could Force SoftBank’s Hand

May 31, 2013 9:36 am | by Ben Munson | News | Comments

In light of Dish’s offer yesterday financially trumping Sprint’s existing bid for Clearwire, the wireless broadband carrier has rescheduled a shareholder vote on Sprint’s bid to buyout Clearwire. Clearwire’s shareholders were scheduled to vote on the Sprint transaction May 31. Sprint last week raised its offer to $3.40 per share (up from $2.97), but Dish swooped in with a $4.40 per share tender offer at the last minute.

Dish Raises Bid for Clearwire to $4.40 Per Share

May 30, 2013 9:51 am | by Ben Munson | News | Comments

Dish Network has raised its bid for Clearwire to $4.40 per share, representing a 29 percent premium over the revised offer of $3.40 per share Sprint last week submitted to the internet wholesaler. The bid caused Clearwire’s stock to skyrocket in after hours trading and it’s currently up more than 20 percent in pre-market as of 8:13 a.m. CT.

Sprint, SoftBank Strike U.S. Security Deal with Stipulations

May 29, 2013 10:30 am | by Ben Munson | News | Comments

Sprint today announced that it and Japanese carrier Softbank have received clearance from the Committee on Foreign Investment in the U.S. (CFIUS) to move ahead with the proposed $20 billion merger of the two companies. The CFIUS’ approval comes with stipulations.

Clearwire Board Likes New Sprint Bid, Shareholder Does Not

May 22, 2013 10:58 am | by Ben Munson | News | Comments

Clearwire’s board of directors is recommending its shareholders vote in favor of Sprint’s revised bid to buy out the wireless wholesaler. Large minority shareholder Crest Financial Limited sent a letter chiding Clearwire’s board for postponing the vote and urging shareholders to vote against Sprint’s revised offer.

Sprint Raises Clearwire Offer

May 21, 2013 10:46 am | by Ben Munson | News | Comments

Sprint has raised its offer to buyout Clearwire to $3.40 per share, representing a 14 percent premium over the previous offer of $2.97 and valuing Clearwire at $10.7 billion. Sprint’s boosted bid to acquire the nearly 50 percent of Clearwire it doesn’t already own comes just hours before Clearwire shareholders are scheduled to vote on the transaction.

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