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Sprint Invests Just Enough in Clearwire to Give it 50.8%

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So who is right?

DAntiVirus

Oct 18, 2012, 3:14 PM
The Times said that controlling clearwire was not required but the journal says 'According to the Journal's sources, gaining control of Clearwire was a condition of winning the $20.1 billion investment from Japanese network operator Softbank, which was announced earlier this week.'

So who is right? One of them needs to make a correction. lol
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Jarahawk

Oct 18, 2012, 5:29 PM
Why would Sprint feel the need to gain control otherwise? The timing obviously points to the fact that Sprint needed a majority stake in Clearwire.
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T Bone

Oct 19, 2012, 6:45 PM
The Wall Street Journal is dedicated specifically to business news, and they are rarely wrong.
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