Sprint'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.
Sprint’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.
Clearwire 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...
Sprint 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...
The FCC late yesterday gave approval for Dish Network to deploy a terrestrial wireless broadband network on its holdings of what was previously spectrum reserved for satellite transmissions. The decision came concurrent with the commission’s Notice of Proposed Rulemaking (NPRM) for an auction of the H Block, a chunk of airwaves adjacent to Dish’s AWS spectrum in which Sprint has expressed interest.
FreedomPop, 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...
Virgin Mobile, owned by Sprint Nextel, has removed from its website and disavowed an offensive ad, citing it as a "rogue post by an external agency that was not approved by Virgin Mobile US." Virgin Group founder Richard Branson joined the Twitter chorus that decried the ad as distasteful and vaguely supportive of violence toward women.
The back and forth between Dish Network and Sprint continued today, as Dish submitted an ex parte filing that blasts Sprint's suggestion that the FCC do more to protect the H Block from being interfered with by Dish's AWS-4 spectrum.
Dish Network will start selling mobile phones from Verizon, Sprint, and T-Mobile in its Blockbuster video rental stores, according to a report from Bloomberg that cites people with "knowledge of the matter." The plan is an extension of Dish's current mobile phone sales through Blockbuster's website.
Dish Network says it's willing to accept a 5 MHz guard band on its AWS spectrum that would protect the H Block from interference. In a filing with the FCC, Dish said it recognizes that the commission desires to retain flexibility in the future use of the H Block...
Take a close look at how Sprint made its latest big-budget commercial, which actually posits that phones have an active dream life. While actually dream when we're skeptical on the nocturnal lives of smarpthones, it's an interesting process Sprint went through to suggest that to prospective customers.
Sprint yesterday announced Sprint Veolcity, a new end-to-end in-car solution for automakers. The company formally unveiled solution yesterday as part of the Technology Showcase at the 2012 Los Angeles Auto Show. Sprint is billing the new solution as an enabler for auto manufacturers looking to integrate the components and vendor relationships needed to provide connected services in cars and trucks.
U.S. Cellular is selling five top midwest markets including Chicago and St. Louis to Sprint for $480 million as it continues to fall further behind national competitors.
Softbank's pending control of Sprint's purse strings could be bad news for Clearwire's ability to tap its largest shareholder for cash.
With a pair of new iPads released this week and Microsoft's Surface tablet also making its debut soon, Sprint thought it was a good time to start luring any and all slate users to its network.
Japanese 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.
Softbank's massive investment in Sprint has renewed analyst speculation about the transaction's implications for Clearwire.
Sprint has confirmed that it is holding buyout talks with Japanese operator Softbank after rumors of the negotiations surfaced this morning.
Fitch Ratings is reminding investors that the new version of Apple's iPhone won't be all upside for AT&T, Verizon Wireless and Sprint.
Verizon Wireless has confirmed that it will enable Apple's FaceTime over cellular on all of its data plans.
T-Mobile USA has gone live with a new unlimited data plan that could help it compete with rival Sprint, the only other top-tier provider in the country to offer all-you-can-eat plans.
Mobile customers on LTE devices see fewer data-related issues than do customers on 3G and HSPA+ or WiMAX devices, according to the a new study released today by J.D. Power and Associates.
Two smaller wireless companies, T-Mobile and MetroPCS, announced unlimited-data offerings this week as they try to compete with AT&T and Verizon. Here’s how data plans offered by the five largest U.S. carriers compare.
T-Mobile can finally claim that it offers truly unlimited plans without the caveat of throttling.