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682 posts and columns on Sprint
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Sprint’s Clearwire Bid Gets Mixed Reviews
Proxy-advisory firms offered differing views of Sprint Nextel Corp.’s contested bid to take over Clearwire Corp., raising the uncertainty around the May 21 shareholder vote on the deal.Voices
Clearwire to Take $80 Million Funding Draw From Sprint
Clearwire Corp. will again tap financing from Sprint Nextel Corp. under their buyout deal, taking a $80 million draw for May that will be the last available before Clearwire shareholders vote on the deal.Voices
Big Clearwire Holder Resists Sprint
Sprint Nextel Corp. is up to its neck in a merger fight, and it’s all about airwaves. But Sprint is waging another battle over a separate, lower-profile effort to buy the roughly 50 percent stake it doesn’t own in wireless-broadband operator Clearwire Corp.Voices
Sprint Committee to Evaluate Dish Offer
The board of Sprint Nextel Corp. has set up a special committee to evaluate Dish Network Corp.’s $25.5 billion bid to acquire the carrier, people familiar with the matter said.Voices
Big Sprint Investor Favors Dish Network’s Bid
Dish Network Corp.’s $25.5 billion bid for Sprint Nextel Corp. offers more value to shareholders than the wireless company’s original deal with Japan’s Softbank Corp., Sprint investor Paulson & Co. said Tuesday.Voices
Verizon Wireless Pursues Clearwire Spectrum
Verizon Wireless has offered to pay up to $1.5 billion to buy spectrum leases from Clearwire Corp., people familiar with the matter said.Voices
China Worries Arise in Sprint Deal
The U.S. government is seeking oversight of network-equipment purchases as a condition for approving Softbank Corp.’s $20 billion acquisition of U.S. phone carrier Sprint Nextel Corp., a move that appears to be aimed at keeping out Chinese suppliers like Huawei Technologies Co., people familiar with the matter said.Voices
Sprint Posts Wider Loss
Sprint Nextel Corp.’s fourth-quarter loss widened and customer losses continued amid the continuing shutdown of its older Nextel network, as the company aims to turn around its business to compete with larger wireless rivals.Voices
Dish’s Clearwire Offer Lives On
In a regulatory filing Friday, Clearwire said it opted not to tap financing made available by Sprint for February — a step that could have caused Dish to withdraw its proposal to buy Clearwire for $3.30 a share. Clearwire has agreed to sell itself to Sprint for $2.97 a share.Voices