50°

Clearwire no longer planning phones; Sony Ericsson drops lawsuit

Android Central: "Remember the little lawsuit Sony Ericsson filed against Clearwire? Nope? You're better off for it. SE had filed suit in January, claiming Clearwire's logo looked a little too familiar, and it would cause confusion after Clearwire announced its plan to release its own smartphones. But there's a happy ending."

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androidcentral.com
70°

Verizon offers Clearwire $1.5 billion for spectrum leases, says WSJ

The Verge - Verizon is looking to buy Clearwire spectrum leases for $1.5 billion, The Wall Street Journal reports. Clearwire has disclosed an offer for spectrum in major US markets from "Party J," which anonymous sources tell the Journal is Verizon. According to the filing text, the offer is for between $1 billion and $1.5 billion dollars, from which the present price of the spectrum leases would be deducted. Clearwire says it is still evaluating the decision, and a spokesperson has declined to comment to us.

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theverge.com
50°

Clearwire Accepts Sprint Bid At $2.97 A Share; Stock Slides

Forbes : There will be no gigantic new bid for Clearwire.
The mobile wireless broadband provider this morning it has accepted Sprint‘s offer to buy the 50% stake in the company it does not already own for about $2.97 a share, for a total payment of $2.2 billion not counting Sprint’s existing stake.

20°

Sprint Bids for Rest of Clearwire

WSJ: Sprint Nextel Corp. offered to acquire the 49% of Clearwire Corp. that Sprint doesn't already own for $2.90 a share, moving to consolidate a longtime partner that is key to the cellphone carrier's strategy.

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online.wsj.com