Tag:
Clearwire
Latest Headlines
Latest Headlines
Sprint ups the ante for Clearwire
In apparent response to pressure from Clearwire's minority shareholders, majority shareholder Sprint has bumped up its offer for the rest of Clearwire to $3.40 per share from a previous $2.97 per share, an offer that would value the wireless provider at $10.7 billion.
Reuters: Clearwire minority shareholders to reject Sprint takeover offer
Clearwire's minority shareholders are expected to reject a buyout offer from majority shareholder Sprint, according to analysts consulted by Reuters.
SEC gives go-ahead for June Sprint shareholder vote on Softbank offer
The Securities and Exchange Commission has given Softbank the go-ahead to mail out proxy statements for its offer to buy 70 percent of Sprint Nextel for $20 billion.
Spotlight: Does Dish offer for Sprint come with too much debt?
The Wall Street Journal examined on Thursday the competing bids for Sprint Nextel: one from Japan's Softbank, which is offering $20.1 billion for 70 percent of Sprint, and another from United States satellite TV firm Dish Network, which is offering $25.5 billion for all of Sprint through a merger of the two firms.
Report: Softbank not planning to match Dish's $25.5 billion bid for Sprint
Japan's Softbank is not planning to raise its $20 billion bid to acquire control of Sprint to match Dish Network's $25.5 billion bid for the United States wireless carrier, an executive at Softbank told Bloomberg.
Crest Financial files proxy statement opposing Sprint's purchase of Clearwire
Crest Financial, the largest minority shareholder in wireless service provider Clearwire, has filed a proxy statement urging shareholders to reject the bid by majority shareholder Sprint to acquire the remaining shares of Clearwire.
Softbank, Sprint agree to US government restrictions on Chinese telecom gear, report says
Sprint Nextel and Japanese firm Softbank have agreed to restrictions on purchasing telecom gear from Chinese suppliers as part of the approval process for Softbank's purchase of a controlling stake in the American wireless carrier, according to government officials consulted by the New York Times .
Dish bests Sprint's offer to acquire Clearwire
Dish Network's bid to steal Clearwire out from under Sprint Nextel could signal the satellite TV provider's interest in partnering with the terrestrial broadband wireless provider.
Crest Financial seeks to block Sprint buyout of Clearwire
Crest Financial, which owns a mere 3 percent of Clearwire, is trying to derail Sprint Nextel's acquisition of the remaining shares in the wireless broadband carrier for $2.2 billion, through a class-action lawsuit intended to block the acquisition, according to a report by Reuters.
Infonetics: Mobile VoLTE spending fuels turnaround in VoIP, IMS equipment market
Mobile voice over LTE, or VoLTE, and other wireless spending is expected to contribute to annual growth in the carrier VoIP and IMS equipment market for the first time in four years, according to Infonetics Research.
