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Dan Jones
User Ranking
Friday December 14, 2012 4:32:47 PM
no ratings

$3.38 NOW.

Dan Jones
User Ranking
Friday December 14, 2012 12:36:44 PM
no ratings

Huh, the price is up at $3.14 today

Craig Matsumoto
User Ranking
Friday December 14, 2012 12:50:17 AM
no ratings

Could be speculators assuming a competitive bid is imminent. Or a rumor of such going 'round.

Or, maybe Sprint really will bid against themselves.  :)

Dan Jones
User Ranking
Thursday December 13, 2012 9:46:08 PM
no ratings
Clearwire didnt confirm/deny other bidders but i suspect irrational exuberance of the market could equally well be the cause.
jayja
User Ranking
Thursday December 13, 2012 8:49:01 PM
no ratings

"Sprint has confirmed ....that it wants to buy the remaining 49 percent stake...for $2.90 a share."

"Clearwire's shares ....are up by more than 10.55 percent at $3.04 in pre-market trading Thursday"

???  Is someone else bidding?  Or do we thing Sprint will bid up the price against themselves (I suppose not out of the question...)?

Dan Jones
User Ranking
Thursday December 13, 2012 9:39:59 AM

Integration record has not so good with the Nextel buy but they've had such a symbiotic relationship with Clearwire for years now.

Phil Harvey
User Ranking
Thursday December 13, 2012 9:36:04 AM

These guys are like hotel companies. At some point you just have to have more land to have any prayer of growing revenues. So it's not surprising that Sprint/Softbank wants to continue the land grab.

By the way, how is Sprint's track record for integrating companies?

Dan Jones
User Ranking
Thursday December 13, 2012 9:20:31 AM
no ratings

I wonder how much Softbank is driving this?

Remember the Japanese provider already has its own TD-LTE network in the 2.6GHz band. So it knows network infrastructure and devices that are ripe for rollout on 4G LTE in Clearwire's band.

Sprint has seemed so focused on Network Vision up to now.



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