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Clearwire hit as Verizon spectrum sale looms

Apr 24, 2012

Shares of cellphone infrastructure company Clearwire Corp. fell on Tuesday after an analyst downgraded the stock, saying Verizon Wireless' plan to sell spectrum could delay Clearwire's spectrum sale, possibly past the point by which it needs to full story

More news

Report: Verizon wants to buy Clearwire spectrum

Verizon Wireless reportedly has offered US$1 billion to $1.5 billion for some of Clearwire's spectrum leases, possibly complicating Sprint Nextel's attempt to buy out the company in conjunction with its acquisition by Softbank.Clearwire is struggling financially but owns broad swaths of spectrum, the lifeblood of wireless networks. The April 8 bid from "Party J," which...

pcworld.com (1 month and 6 days ago)

Verizon Wants What Clearwire Has

Filed under: Investing There aren't a whole lot of things that Clearwire has that Verizon wants, but spectrum is certainly one of them. The Wall Street Journal reports that Big Red has offered Clearwire up to $1.5 billion to take some chunks of spectrum off its hands. Clearwire has valuable spectrum holdings in numerous key domestic markets, which Verizon could use to boost...

dailyfinance.com (1 month and 6 days ago)

Sprint in Play Now Itself Sees Losses Mount in Current Quarter

The Sprint / Clearwire saga continues to unfold. Clearwire has scheduled a shareholder vote on May 21, 2013. Crest has filed more papers wherever it can think of to file them and became an ongoing irritant to Sprint in its efforts to stuff Clearwire shareholders with a gross underbid for the value of its vast spectrum position. It has also now proceeded to file an...

forbes.com (28 days ago)

The Digital Skeptic: Your High Tech Doesn't Matter Without a Sales Staff

NEW YORK (TheStreet) -- Dow Draper has this to say to Verizon , Sprint Nextel or Dish Network investors spinning valuation castles in the air on talk of Clearwire's possible spectrum sale: "Technology is a marvelous thing," Clearwire's senior vice president and general manager of retail told me a month or so back. But the human factor is the real challenge. "It's all about...

thestreet.com (29 days ago)

Dear FCC And DOJ: Please Keep Sprint/Clearwire Spectrum American

The bidding war for Clearwire is really heating up now that DISH is willing to take on all of Sprint to get to that delicious huge swath of bandwidth that its subsidiary Clearwire controls. Nothing, NOTHING, is more important than keeping conrol of that giant amount of valuable spectrum in American hands.

forbes.com (1 month and 5 days ago)

For Once, Clearwire's in the Driver's Seat

Filed under: Investing With all the hullaballoo over DISH Network's recent offer to buy Sprint Nextel , one has to ask where does that now leave Clearwire , which is being wooed by Sprint? The answer: In a pretty good position, actually. Thank you for asking. DISH still wants Clearwire -- lock, stock, and spectrum -- only now instead of trying to do so through a bidding war...

dailyfinance.com (23 days ago)

Verizon Wireless identified as Clearwire's "strategic buyer"

Verizon Wireless, the nation's largest wireless carrier, offered to acquire some of Clearwire's airwave licenses in major cities, according to people familiar with the proposal.

denverpost.com (1 month and 6 days ago)

Who Will Be the New Owner of Clearwire?

Filed under: Investing Telecom company Clearwire recently revealed its latest budget spreadsheet, and after lackluster results, this may be the company's final quarter among Wall Street stock picks. Clearwire and its largest shareholder, Sprint may soon be great investment opportunities... for another company. During the conference call, Clearwire confirmed that Verizon...

dailyfinance.com (21 days ago)

Will govt meet FY14 revenue target via spectrum sale?

The government is confident of achieving the Rs 40,000 crore Budgeted target for telecom spectrum sale in the next financial year despite fiasco of last two spectrum sale.

moneycontrol.com (2 months and 13 days ago)

Sprint Boosts Clearwire Offer Amid Heated Takeover Battle

NEW YORK (TheStreet) -- Sprint is raising its offer for Clearwire to $3.40 a share, amid a frenzy of telecom consolidation. Sprint is now raising its offer to buy a remaining 50% stake in Clearwire it doesn't own by 14%, succumbing to some Clearwire shareholder resistance to it's previous $2.97 a share offer. Sprint is interested in Clearwire for its 2.5 GHz spectrum assets,...

thestreet.com (1 day ago)

Clearwire hit as Verizon spectrum sale looms

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