Flush With Cash, T-Mobile’s Future Still Very Much Up in the Air

AT&T’s $4 billion breakup fee will be of little consolation to the No. 4 U.S. carrier, which has been operating as a lame duck since March.
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News Byte

Clearwire Files to Sell $300 Million in Shares

Struggling wholesale wireless carrier Clearwire said on Monday that it plans to sell $300 million worth of stock as part of its effort to bolster its financial position. The company also plans to offer its underwriters an option to purchase up to an additional $45 million worth of shares.

Clearwire Signs Deals With Sprint, Makes Debt Payment

Clearwire Corp. signed a four-year deal with Sprint Nextel Corp. valued at as much as $1.6 billion, giving the wireless-broadband provider breathing room as it builds out a new fourth-generation network.

Clearwire May Skip Big Debt Payment

Clearwire Corp. is considering skipping a big debt payment that comes due in two weeks, a decision that could prove a turning point for a company that had hoped to cover the country with wireless broadband service.

Clearwire’s Customer Growth Tops Expectations

Clearwire Corp. Thursday reported better-than-expected customer and revenue growth for the third quarter, and a prepaid wireless carrier said it is considering a deal to buy wholesale capacity on the company’s fourth-generation wireless network.

Sprint Said to Be Launching LTE Network Early Next Year

The company has scheduled an event next week to talk about its future network plans, but CNET says those plans include an LTE network to launch early next year.
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Clearwire Names New CEO

Clearwire Corp. has promoted Erik Prusch to president and chief executive, effective immediately, and said interim CEO John Stanton will serve as executive chairman of the board.

News Byte

Investors Bludgeon Clearwire After Sprint-LightSquared Deal

Clearwire investors aren’t taking news of Sprint’s new deal with 4G wholesale network provider LightSquared too well, are they? The announcement of the 15-year pact this morning sent shares of Clearwire, a high-speed 4G mobile broadband service with whom Sprint also has a relationship, into a nasty downward spiral that left them down 22 percent at $2.15 as of market close.

Sprint CEO Hesse Says Recent Price Hikes Necessary, but Not Necessarily Popular

Speaking at a J.P. Morgan investor conference in Boston, Dan Hesse said that a recent price hike on smartphones wasn’t exactly popular with customers, but was necessary to keep offering unlimited plans. Plus, it’s helping boost the company’s average revenue per subscriber at a time when competition is particularly intense.

Intel Clears Out Some Of Its Clearwire Shares

With Clearwire shares down more than 40 percent over the last year, Intel decides the time is right to trim its holdings and yield a tax advantage in the process.

Who Will Google Acquire Next?