Dish Networks bid for Clearwire tops Sprint's offer
0. phoneArena posted on 08 Jan 2013, 18:47
Charles Ergen and his Dish Network are trying to bust up the proposed Sprint offer to buy Clearwire with an offer of its own; the termsof theoffer fromDish call for the satellite content provider to pay $3.30 which is a nice premium over the $2.97 that Sprint is offering for the half of the wireless firms shares that Sprint doesn't already own...
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1. Birds posted on 08 Jan 2013, 18:49 4 0
Clearwire is a ride or die chick....It wants Sprint so bad....
2. ajac09 posted on 08 Jan 2013, 18:51 1 6
does clear really want to be with a losing company that bad? Id have taken Dish instead.
8. Slammer posted on 08 Jan 2013, 21:27 3 0
What experience does Dish have in cell service? Historically, Any cable company trying to make a game at wireless phone service, has not made inroads to compete effectively. Clearwire needs to look long term to protect assets. Sprint is viable.
14. ajac09 posted on 09 Jan 2013, 07:36 0 0
Hell what experience does sprint have? They are in the business but they suck at it. Dish is an up and coming cellular company and are offering more money and probably will be around alot longer then sprint.
4. zig8100 posted on 08 Jan 2013, 19:18 0 1
Im pretty sure Sprint already bought them out already. That's why.
3. corporateJP posted on 08 Jan 2013, 18:56 0 0
These guys really want Sprint to take full ownership, good, bad, or indifferent.
5. cripton805 posted on 08 Jan 2013, 19:37 0 0
Well Clear is worth more now that they accepted Sprints offer. A lot of investors pulled in and a lot would pull out if crappy Dish bought them.
7. NexusKoolaid posted on 08 Jan 2013, 19:43 0 4
Re-read the press release. The "illusory, not viable and inferior" comment is from Sprint, not Clearwire.
12. cripton805 posted on 08 Jan 2013, 23:43 2 0
I don't see what that has to do with my comment.
6. NexusKoolaid posted on 08 Jan 2013, 19:38 0 0
Alan - double check the press release. I didn't see where Clearwire rejected or responded to the offer by saying it is illusory, .... What I read was that Clearwire recieved a letter from Sprint in which Sprint said it "believes that it is illusory, inferior to the Sprint transaction and not viable because it cannot be implemented in light of Clearwire's current legal and contractual obligations."
10. Alan01 posted on 08 Jan 2013, 23:00 0 0
The quote is from Sprint, thanks for pointing that out. Still, based on the Special Committee's comments and the ties that Sprint has to the company, plus the conditions placed on the deal by Dish, Clearwire probably is saying that as well
9. MorePhonesThanNeeded posted on 08 Jan 2013, 22:59 0 1
Sprint is just trying to posture eh, they have more than enough money woes without trying to buy a company they can barely afford, they still have that $15B iPhone 5 tab to pay Apple...Sprint, I wonder how long these guys can operate like this? They keep this up and T-Mobile may just outfox them, T-Mo is looking to turn on their LTE in coming weeks, what on earth is Sprint doing...playing 100,000 Pyramid with Clearwire, aren't these guys the owners of Z100 and that lot of radio stations?
13. cripton805 posted on 08 Jan 2013, 23:45 1 0
Well Sprint already turned on their lte in July.
15. usguyver posted on 15 Jan 2013, 14:08 0 0
you do know what the Softbank deal will go though and they are giving sprint like 20 billion bucks to help them and then they are given them even more latter so once this deal goes though then sprint will have plenty of money to go around and they will be able to pay off the money that they owe. so they will be fine and better off then t-mobile
11. techloverNYC posted on 08 Jan 2013, 23:05 0 1
Did u guys know Dish Network is the meanest company to work for?
P.S: The guy in the pic looks mean