Crest Disapproves Sprint's Increased Clearwire Bid
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This is getting out of hand!
What is Crest's plan? Sprint has already committed to moving out of the WiMax business. If the Sprint-Clearwire deal doesn't happen, Clearwire will be out of business by the end of 2014. I hope Crest is prepared to answer to the rest of Clearwire's shareholders if/when that happens.
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Crest will probably take a 25% buyout from Dish, which we all know Dish has no funds to make investments and will be riding the Sprint Softbank upgrades to spectrum!
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