Sprint Seeking Ways to Buy Out Clearwire
According to sources cited by BusinessWeek, Sprint has held discussions with Comcast, Cablevision, and other companies in hopes that it can raise the cash necessary to acquire the remaining equity in Clearwire that it doesn't already own. Sprint is one of a handful of companies that have invested in Clearwire, and owns 54% of the company. Clearwire and Sprint recently announced plans to build a Long Term Evolution-based 4G mobile broadband network along side the WiMax network the companies are also rolling out. BusinessWeek's sources indicated that Sprint's talks with the cable companies are still in preliminary stages and several differente scenarios are under consideration. No deals have been struck. it is possible that if Sprint acquires Clearwire it can more effectively compete with larger rivals AT&T and Verizon Wireless.
Sprint's WiMax Shutdown May Halt Service for Charities
Sprint plans to deactivate its WiMax network on Nov. 6, but some charities say the change will eliminate internet service for some 300,000 Americans altogether.
Masayoshi Son Would Consider Selling Sprint Spectrum
SoftBank CEO and Sprint Chairman Masayoshi Son indicated he'd be willing to sell some of the company's 2.5GHz spectrum assets to keep Sprint funded. Sprint gained a massive amount of 2.5GHz spectrum holdings when it purchased Clearwire.
Sprint Hangs Up on Dan Hesse, Names New CEO
Sprint today announced it has named Marcelo Claure as President and CEO of the company, who replaces Dan Hesse. Claure already served on Sprint's board of directors, and is the Founder and CEO of Brightstar Corp.
Nonprofits Convince Judge to Delay Sprint's WiMAX Shutdown
Mobile Citizens, a not-for-profit organization that provides free and low-cost internet service to schools, has won an injunction preventing Sprint from shutting down its WiMax network. Sprint had planned to cease operating WiMax on Nov.
Sprint May Scoop Up Half of RadioShack's Stores
RadioShack and its creditors might sell half the company's stores to Sprint and close the remaining locations, reports Bloomberg. Sources familiar with the companies' plans suggest Sprint would rebrand the RadioShack stores, which would cease to exist as stand-alone electronics stores.
they need to pick one
Iden - Nextel
LTE ( soon )
And then Sprint will probably convert Clear's assets to LT...