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Clearwire Investor Sues Over Sprint Buyout

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take the money


Apr 26, 2013, 6:49 PM
Take the money clearwire investors or watch your crappy investment go bankrupt. Theres already a couple pending law suites pending against clearwire's ponzy scheme.

Apr 26, 2013, 10:11 PM
I understand the concept of investors trying to get as much value as they can, but I agree this is upsurd. With the TMO merger, I was somewhat on the side of the MetroPCS shareholders trying to get more, they had a smaller but profitable company. Clear is a trainwreck, majority owned by another trainwreck, being majority bought out by Softbank who is vibrant and is doing a fantastic job in Japan. While I may never use Sprint, they and TMO doing well is best for all. And who knows in a few years, I may change my mind.

Apr 27, 2013, 4:45 PM
Poor Sprint. Nothing has gone well for them since the "Merger of Equals" I'm cheering for them though. I hope it all works out.

Apr 28, 2013, 9:24 AM
Jarahawk said:
Poor Sprint. Nothing has gone well for them since the "Merger of Equals" I'm cheering for them though. I hope it all works out.

I'm not. They ran off all the talent at Nextel after that "merger of equals" so as far as I'm concerned they are reaping what they sowed.

Apr 29, 2013, 8:51 AM
Clearwire investors should be grateful they're getting $2.97. Sprint kept them losers afloat, and this is how you thank them. Investing in stocks is a risk. Trust me, I know because I own Lucent stock at $60 that I never sold. Clearwire investors are getting a second chance to recoup some of their money that most investors never get.

Apr 29, 2013, 3:12 PM
I agree... Clearwire is pretty crappy everywhere... All that I herd from friends who owned a Wimax capable phone is "I get reception sometimes" or Sometimes its there but its not connected" my personal favorite, oh your 3G on Tmobile is faster than my Wimax on Clearwire sigh. hahahahahaha.

The fact that they got so much financial help from Sprint also blows my mind that the investors cant take the time to analyze what they are getting in return for something in my opinion not worth as much as they got period. I am still not sure how Sprint plans to use that spectrum hopefully they use it wisely.

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