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Clearwire News
Sprint announced today that it now owns all of Clearwire. According to the press release, Clearwire shareholders approved the merger in a special meeting of stockholders that was held July 8, 2013. The acquisition was first announced in December of 2012 and was waiting for approval by Clearwire. Now that Clearwire has agreed to the merger, Sprint…
The merger between Sprint and SoftBank is moving forward after an attempt by Dish Network to acquire the struggling US communications company failed. According to Reuters, Dish network officially withdrew its bid on Sprint and on Clearwire in the past weeks, marking the end of the company’s push into the wireless industry. On the Sprint-SoftBank…
According to a report in the Wall Street Journal, Verizon Wireless is negotiating a deal with Clearwire to lease its spectrum. Verizon allegedly offered Clearwire $1.5 billion to use some of Clearwire’s spectrum in larger markets. This offer was disclosed in Clearwire’s recent SEC filing, with insiders claiming that the bidder, “party J,” is Verizon…
Earlier this week, Freedom Pop announced that it was adding a home broadband option to its lineup of available services. Like all FreedomPop plans, the home service runs on Clearwire’s WiMAX network. The new home plan includes 1GB of data for free each month and is tailor made for customers who only use the Internet…
Struggling wireless provider Clearwire is entertaining buyout offers from both Sprint and Dish Network. The carrier issued a proxy statement that suggests it is still leaning towards the Sprint deal, but it hasn’t made a final decision to accept the offer. Sprint offered the company $800 million in financing and $2.97 per share for the remaining part…
Sprint confirmed in a regulatory filing that it plans to purchase the remaining 48.3 percent of Clearwire stock that it doesn’t own. Sprint would pay $2.90 per share in a $2 billion deal that would put Clearwire’s value at about $4.23 billion, according to a report in Reuters. Earlier this year, Sprint bought a chunk…
NetZero turned the dial-up world upside down in 1998 when it offered free, ad-supported Internet service. Over a million users signed up within the first six months. Now the company is ready to disrupt the wireless broadband market with several free and low-cost 4G plans. NetZero has partnered with Clearwire to offer the 4G which…
There are two flavors of 4G LTE: FDD (frequency division duplex) and TDD (time division duplex). Without getting too technical, let’s just say that the former makes a lot more sense for operators who are already running a GSM network, whereas the latter isn’t expected to gain any widespread adoption outside China. Now Sprint entered…
It looks like there’s some more bad news for Clearwire, as Google has sold its stake in the mobile broadband company for a substantial loss. Having one of the most influential players in the mobile space turn its back on you can’t be a good sign. Google said it is selling its 6 percent stake…
Clearwire’s a bit of a funny compny. Sprint has a majority stake in them, yet they treat Clearwire like they’re some sort of distant relative that’s not really a relative at all. Thing is Sprint can’t actually function with Clearwire because Clearwire is responsible for delivering Sprint’s WiMAX network, the one that Sprint called 4G…