• News
• Reviews
• Phones
• Phone Finder
• Carriers
• OSes
• Forums
• Glossary

• Advertising
• About
• Contact
• Privacy
• Terms of Use

Sprint Skips Clearwire Investment Opportunity

Article Comments  17

Jan 3, 2011, 11:53 AM   by Eric M. Zeman

Sprint has declined to exercise its rightful options to purchase debt from WiMax partner Clearwire, which is attempting to raise more capital. Clearwire announced in December plans to offer $1.1 billion in debt in order to gain the funding it needs to continue operations. The debt offering came after the company announced plans to release employees and slow down projects. Sprint is a majority owner of Clearwire, but didn't use this opportunity to invest more in its partner.

more info at BusinessWeek / Bloomberg »

Comments

Forum Options

This forum is closed.

Subject	Author	Date
Eventually, Sprint Will Buyout.	Slammer	Jan 3, 2011, 12:22 PM
Re: Eventually, Sprint Will Buyout. by Ghuayu   Jan 3, 2011, 7:17 PM Re: Eventually, Sprint Will Buyout. by Iknownothing   Jan 3, 2011, 8:49 PM Re: Eventually, Sprint Will Buyout. by cellboothmgr   Jan 4, 2011, 7:43 PM
wimax is dead!! that is why!	netboy	Jan 3, 2011, 12:55 PM
Re: wimax is dead!! that is why! by Azeron   Jan 3, 2011, 2:51 PM Good thing Sprint.. by DE 2 Philly   Jan 3, 2011, 3:13 PM Re: Good thing Sprint.. by epik   Jan 4, 2011, 10:43 AM Re: Good thing Sprint.. by RockTripod   Jan 4, 2011, 5:39 PM
So does this mean I'll have to wait longer to see 4g in rural Missoura?	phatmanxxl	Jan 3, 2011, 12:33 PM
Re: So does this mean I'll have to wait longer to see 4g in rural Missoura? by Menno   Jan 3, 2011, 2:15 PM Re: So does this mean I'll have to wait longer to see 4g in rural Missoura? by AndroidRules   Jan 3, 2011, 2:37 PM Re: So does this mean I'll have to wait longer to see 4g in rural Missoura? by epik   Jan 4, 2011, 10:33 AM Re: So does this mean I'll have to wait longer to see 4g in rural Missoura? by GettingSleepy   Jan 4, 2011, 10:57 AM (more replies...)

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube

All content Copyright 2001-2013 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
2