Now Sprint wants to buyout Clearwire?
0. phoneArena 11 Dec 2012, 20:09 posted on
Sprint is certainly trying to shore up a plan to secure spectrum as it prepares its sale to Softbank...
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1. ajac09 (Posts: 1167; Member since: 30 Sep 2009)
now they have the money to. and AT&T will use this to get them not to approve the deal with softbank.
2. XPERIA-KNIGHT (Posts: 2384; Member since: 08 Aug 2012)
dont get greedy sprint........you gotta close the first deal FIRST!
3. metalpoet (unregistered)
I hope Sprint can buy Clearwire and then Softbank purchase most of Sprint. if that happens and the Metro PCS and T-Mobile merger happens then AT&t and Verizon will have serious competition :)
4. Slammer (Posts: 716; Member since: 03 Jun 2010)
---" the more difficult obstacle would likely be with Clearwire’s shareholders, many of whom have been holding on to their equities with Clearwire in hopes of recovering some of their investments (Clearwire’s share prices are down over 90% from five years ago)."---
At 90% decline, I think the shareholders are losing more than just investments. They're losing their minds if they think Clearwire will recover without help.
Haloid corporation was met with the same scenerio. They would rather lose money in hopes for recovery than have some company take it over. Most sold their stock. The ones that didn't sell, became milionaires when a little known company called Xerox took over.
5. networkdood (Posts: 5237; Member since: 31 Mar 2010)
This should get done as Clearwire is riding the road to no where.