10°

Clearwire puts its money where its mouth is, announces LTE trials for later this year

Engadget: In spite of its pretty healthy (and growing) WiMAX footprint, Clearwire's been saying for at least a year now that it's seriously technology-agnostic -- undoubtedly a bid to assuage investors' fears that WiMAX could end up losing the 4G race in light of LTE's global momentum.

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engadget.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