Clearwire
Hesse: Sprint Looking for More Spectrum
February 20, 2013 10:39 am | by Ben Munson | News | CommentsSprint CEO Dan Hesse said his company is seeking to acquire more wireless spectrum in order to stay competitive with AT&T and Verizon. In an interview with Bloomberg, Hesse said Sprint hopes to scoop up more of the precious commodity by either buying it from other companies or from the government.
Clearwire Subscribers Dwindle 8% in 4Q to 9.6 Million
February 13, 2013 11:02 am | by Andrew Berg | News | CommentsAs both Dish Network and Sprint haggle for control of Clearwire, the WiMax provider Tuesdauy delivered up disappointing fourth quarter results, proving once more that its spectrum is its most valuable asset. Clearwire ended the fourth quarter 2012 with approximately 9.6 million total...
Dish: Without Wireless Partner, Selling Spectrum an Option
February 12, 2013 10:21 am | by Andrew Berg | News | CommentsDish Chairman Charlie Ergen reiterated that his company will sell its AWS spectrum, if it can’t find a suitable partner to help it deploy an LTE-Advanced wireless network. Ergen made the comments yesterday at the Wall Street Journal’s All Things D conference...
Sprint Posts Record 4Q Revenue, $1.3 Billion Loss
February 7, 2013 10:46 am | by Andrew Berg | News | CommentsWhile fourth-quarter 2012 Sprint platform wireless service revenue was up 12 percent to a record $7 billion, the Kansas City-based carrier still swung to a quarterly loss of $1.3 billion. The company said the loss was primarily due to network improvements...
Cleawire Keeps Deal Talks Open With Both Sprint and Dish
February 1, 2013 10:39 am | by Ben Munson | News | CommentsIn a proxy statement filed with the Securities and Exchange Commission, the Wi-Max provider said the special committee reviewing the deal has not made any determination to change its current recommendation of the Sprint transaction. But, Clearwire has not taken an $80 million February draw, part of an agreement in which Sprint will buy $80 million in exchangeable notes per month for up to 10 months.
Dish Lays off Sprint, Softbank Deal
January 30, 2013 10:31 am | by Andrew Berg | News | CommentsDish Network told the FCC that it would not file to block Softbanks' proposed $20 billion acquisition of Sprint. In January 16 filing, Dish had asked that the shot clock in the Sprint, Softbank proceeding be paused until Sprint's bid for Clearwire...
Verizon Wants FCC's Spectrum Screen Applied to Sprint, Clearwire Deal
January 29, 2013 2:40 pm | by Ben Munson | News | CommentsVerizon Wireless has filed with the FCC comments on Sprint's potential acquisition of Clearwire, stating that the Commission should apply its spectrum screen to the swath of 2.5 GHz airwaves in question to determine if the potential deal poses spectrum aggregation concerns.
Clearwire Files Opposition to Crest's Petition for Reconsideration
January 15, 2013 10:08 am | by Ben Munson | News | CommentsClearwire filed with the FCC an opposition to Crest Financial's earlier petition to reconsider the Eagle River Holdings deal from 2012 which gave Sprint a controlling interest in Clearwire. In Clearwire's new opposition, dated Jan. 14, the Wi-Max provider states Crest's petition "provides no credible basis for the FCC to reverse its actions" and should be "promptly denied."
Report: Sprint Doesn't See Need to Up Clearwire Bid
January 10, 2013 10:36 am | by Ben Munson | News | CommentsSprint isn't sweating Dish Network’s offer to buy Clearwire for $3.30 per share, an 11 percent increase over its $2.97 offer, and doesn't foresee needing to up its bid in acquiring a 100 percent stake in the WiMax provider, according to a Reuters report citing sources close to the deal.
Dish Jumps in With Unsolicited, $3.30 Per Share Offer for Clearwire
January 9, 2013 10:18 am | by Ben Munson | News | CommentsDish Network has offered to buy up to all of Clearwire’s common stock at $3.30 in a proposed deal that would allow Dish to purchase some spectrum assets from Clearwire. Under the conditions of the preliminary offer, Dish would acquire approximately 11.4 billion MHz-POPs from Clearwire, or 24 percent of its total spectrum holdings, for $2.2 billion.
Crest Financial Files to Block Sprint, Clearwire Deal
January 8, 2013 10:45 am | by Ben Munson | News | CommentsCrest Financial Limited, which owns an 8.3 percent share of Clearwire, has petitioned the FCC to block Sprint's proposed 100 percent acquisition of Clearwire, citing proper public notice was not issued in Sprint's 2012 deal with Eagle River Holdings to re-acquire a controlling stake in Clearwire.
Can MVNOs Help Peel the Cap off Big Data?
January 4, 2013 10:58 am | by Ben Munson | Articles | CommentsCaps have been placed the amount of data mobile customers can use under the impression it helps to alleviate network congestion, according to a new study released by the Open Technology Institute. Can any of the unique data service models used by MVNOs solve the problem and help to convince big carriers to cease the restrictive practice?
Dish Asks for More Time on Sprint, Clearwire Deal
December 27, 2012 10:59 am | by Ben Munson | News | CommentsDish Network this week repeated a previous request for an extension to the time allotted for commenting on Sprint's proposed buy out of Clearwire. Sprint intends to purchase the remaining 50 percent share of Clearwire it doesn't already own for $2.2 billion.
Sprint Seals Deal to Buy 100 Percent of Clearwire
December 17, 2012 10:02 am | by Ben Munson | News | CommentsSprint's bid to own 100 percent of Clearwire has been accepted at $2.2 billion, which equals the $2.97 per share cap that Sprint majority stake holder Softbank placed on the deal. In a statement, Sprint said the deal takes the enterprise value of Clearwire to approximately $10 billion.
Softbank Caps Sprint's Bid for Clearwire; Investors Ask for More
December 14, 2012 10:41 am | by Ben Munson | News | CommentsSprint’s bid to buy the remaining portion of Clearwire is proving more complicated than originally thought, as Softbank, which plans to acquire a 70-percent stake in Sprint next year, draws a cap on Sprint’s bid for Clearwire, and investors say they want a lot more per share than that bid will allow.
Sprint Officially Offers to Buy Clearwire
December 13, 2012 10:44 am | by Ben Munson | News | CommentsClearwire today filed an 8-K to inform investors of Sprint's filing with the Securities and Exchange Commission, disclosing its intent to acquire the Clearwire Corporation capital stock it doesn't already own. Clearwire's filing reports...
Report: Sprint, Clearwire Deal Could Come Soon
December 12, 2012 10:00 am | by Ben Munson | News | CommentsSprint and Clearwire are nearing a deal that would allow Sprint to buy the remaining 49 percent of Clearwire that it doesn't already own, according to a report from CNBC. In October, Sprint acquired a 4.5 percent stake in Clearwire from Eagle River Holdings LLC to push it up to a 50.8 percent...
MVNO FreedomPop Enters In-Home Broadband Market
December 12, 2012 9:52 am | by Ben Munson | News | CommentsFreedomPop, an MVNO operating on Clearwire’s WiMax network, today announced its foray into home broadband and the company has begun accepting pre-orders for its Hub Burst modem/router. The broadband service will operate on a freemium model similar...
Kajeet Signs Wholesale Agreement with Clearwire
December 6, 2012 10:57 am | by Ben Munson | News | CommentsKajeet has signed a wholesale agreement to operate its wireless broadband services, which are geared toward children and educators, on Clearwire's WiMax network. Kajeet offers kids lower-priced texting, voice and data plans that come equipped with stringent parental controls.
Sprint Investments in Clearwire Limited by Softbank Deal
October 29, 2012 7:27 am | by Maisie Ramsay | News | CommentsSoftbank's pending control of Sprint's purse strings could be bad news for Clearwire's ability to tap its largest shareholder for cash.
Softbank Pays $20B to Gain Control of Sprint
October 15, 2012 7:38 am | by Maisie Ramsay | News | CommentsJapanese operator Softbank is shelling out $20.1 billion to acquire a controlling 70 percent stake in Sprint, a transaction that will give Sprint much-needed cash to compete with AT&T and Verizon Wireless.
Sprint, Softbank Deal Renews Clearwire Rumors
October 15, 2012 7:35 am | by Maisie Ramsay | News | CommentsSoftbank's massive investment in Sprint has renewed analyst speculation about the transaction's implications for Clearwire.
Clearwire Loses Customers in 2Q, Mulls 'Strategic' Deals
July 27, 2012 7:25 am | by Maisie Ramsay | News | CommentsClearwire's executives say they are continuing to evaluate selling off spectrum or partnering with another company after losing both wholesale and retail customers in the third quarter.
Clearwire, Jolt Mobile Sign WiMAX Wholesale Deal
June 5, 2012 7:12 am | by Maisie Ramsay | News | CommentsClearwire signed up another wholesale customer today with the addition of Jolt Mobile, a provider of prepaid and international calling for GSM phones.
Clearwire Links Up with Regionals, Joins RCA
June 4, 2012 7:14 am | by Maisie Ramsay | News | CommentsClearwire signed up with the Rural Cellular Association (RCA) today, citing "many of the same advocacy concerns" as the trade group's members.
