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Sprint Dishes Out a Lawsuit Over ClearwireSprint Dishes Out a Lawsuit Over Clearwire

Sprint suit says Dish's bid for Clearwire violates investor rights

Sarah Thomas

June 18, 2013

1 Min Read
Sprint Dishes Out a Lawsuit Over Clearwire

Sprint Nextel Corp. has slapped Dish Network Corp. with a lawsuit over its bid for Clearwire LLC, claiming it violates investor rights. Sprint, Clearwire's majority owner, said Monday that it is suing Dish in state court in Wilmington, Del. Both are vying to acquire the 4G wholesaler, but Clearwire's board of directors last week recommended stockholders approve Dish's higher bid, turning the tables on Sprint, which thought it had the deal sewn up. Sprint is alleging that Clearwire can't accept an offer from Dish without its permission since it owns just over 50 percent of the company and that Clearwire isn't able to give Dish the veto powers and board seats it is demanding. Sprint, of course, won't sign off on a deal for Dish, since it is just as eager to take over control of its valuable spectrum holdings. For more
Dish Network has been causing drama for Sprint (and Softbank Corp.) for the better part of the year. Read up on the sordid love triangle below.

  • Clearwire Board Flip-Flops for Dish over Sprint

  • Dish Beats Sprint Bid for Clearwire

  • Could Sprint have a Clearwire Takeover in the Bag?

  • Clearwire Board Says Sprint's the Only Way Out

  • What's the Next Mega-Mobile Merger in the US?

  • Sprint, Softbank, Dish Go Off to the Races

  • M&A in the USA

  • Clearwire Board Says 'Yes' to Sprint's Revised Bid

  • Clearwire Board Urges Shareholders to Vote for Sprint

  • Clearwire Inching Towards Sprint Deal

  • Dish Chairman Open to Sprint Partnership

  • Clearwire Doesn't Rule Out Dish Deal

— Sarah Reedy, Senior Editor, Light Reading

About the Author(s)

Sarah Thomas

Director, Women in Comms

Sarah Thomas's love affair with communications began in 2003 when she bought her first cellphone, a pink RAZR, which she duly "bedazzled" with the help of superglue and her dad.

She joined the editorial staff at Light Reading in 2010 and has been covering mobile technologies ever since. Sarah got her start covering telecom in 2007 at Telephony, later Connected Planet, may it rest in peace. Her non-telecom work experience includes a brief foray into public relations at Fleishman-Hillard (her cussin' upset the clients) and a hodge-podge of internships, including spells at Ingram's (Kansas City's business magazine), American Spa magazine (where she was Chief Hot-Tub Correspondent), and the tweens' quiz bible, QuizFest, in NYC.

As Editorial Operations Director, a role she took on in January 2015, Sarah is responsible for the day-to-day management of the non-news content elements on Light Reading.

Sarah received her Bachelor's in Journalism from the University of Missouri-Columbia. She lives in Chicago with her 3DTV, her iPad and a drawer full of smartphone cords.

Away from the world of telecom journalism, Sarah likes to dabble in monster truck racing, becoming part of Team Bigfoot in 2009.

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