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Sprint completes Clearwire buy at $5 per share

2013-07-09 17:45:56| CNET News.com

Sprint officially acquires the remaining 50 percent of Clearwire a day after shareholders overwhelmingly vote to approve the deal. [Read more]    

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Clearwire shareholders aprove Sprint merger

2013-07-09 14:34:09| MobileTechNews

Clearwire reports that more than 75 percent of the outstanding shares entitled to vote voted in favor of the merger agreement proposal to acquire all shares of Clearwire which Sprint does not currently own for $5.00 per share.

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Clearwire, Softbank Could Revive Sprint

2013-07-09 10:42:20| IT Services - Topix.net

Could 2014 be Sprint's year? The nation's No. 3 wireless carrier has had a long, slow rise from its dramatic fall in 2004-2006, with plenty of bumps along the way.

Tags: sprint revive softbank clearwire

 

Clearwire, Softbank Could Revive Sprint

2013-07-09 10:15:57| Telecom - Topix.net

Could 2014 be Sprint's year? The nation's No. 3 wireless carrier has had a long, slow rise from its dramatic fall in 2004-2006, with plenty of bumps along the way.

Tags: sprint revive softbank clearwire

 

Clearwire shareholders approve Sprint buyout

2013-07-09 07:49:00| Telecompaper Headlines

(Telecompaper) US wireless ISP Clearwire's shareholders have voted to approve mobile carrier Sprint Nextel's bid to buy the 50 percent it did not already own for USD 5 a share, which Sprint improved two weeks ago to outbid pay TV operator Dish Network's last offer of USD 4.40 a share. Holders of 82 percent of the unaffiliated outstanding shares of common stock, as of 2 April, voted in favour. Clearwire, which currently provides LTE service in about 80 cities with more than 130 million residents, gives Sprint more spectrum to deliver faster internet access in more locations. Sprint is paying approximately USD 7 million for half of Clearwire. This operation will be followed by Japanese carrier SoftBank's acquisition of a majority of Sprint for USD 21.6 billion, which will give it more spectrum than US carriers Verizon Wireless and AT&T. The Sprint-Clearwire transaction is expected by the two companies to be completed on 9 July.

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