Clearwire Seeking $1.1 Billion from Investors
Sprint being smart?
Does anyone else think sprint is letting them drown so they can buy them out for cheap, and use it to make wimax/lte towers?
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Sprint already owns 51% of Clear. Why would they "let them drown" ??
It seems like Sprint isn't interested in owning towers. It's more cost-effective to pay roaming agreements, and let someone else absorb the cost of maintaining the network itself.
It seems like Sprint isn't interested in owning towers. It's more cost-effective to pay roaming agreements, and let someone else absorb the cost of maintaining the network itself.
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Not to mention that Sprint sold off quite a large portion of their towers a year or so ago. I don't remember who they sold it to, but I know Sprint doesn't own a majority of their network.
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Many of you seem confused. Towers are just structures. Not every tower elevates a cell site, and not every cell site is elevated by a tower. So, cell site is the appropriate terminology.
Yes, Sprint did sell 3000 towers to TowerCo two years ago. Again, Sprint sold just the structures. Sprint now leases space on those towers. This is standard operating procedure in the wireless industry. Every carrier does it.
A year ago, Sprint also outsourced maintenance of its network infrastructure to Ericsson. But Sprint still owns its cell sites.
Finally, Clear co locates many if not most of its WiMAX cell sites on existing Sprint CDMA cell sites.
AJ
Yes, Sprint did sell 3000 towers to TowerCo two years ago. Again, Sprint sold just the structures. Sprint now leases space on those towers. This is standard operating procedure in the wireless industry. Every carrier does it.
A year ago, Sprint also outsourced maintenance of its network infrastructure to Ericsson. But Sprint still owns its cell sites.
Finally, Clear co locates many if not most of its WiMAX cell sites on existing Sprint CDMA cell sites.
AJ
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Sprint does own the controlling portion of Clearwire, however at this time and current worth, they cannot afford to purchase the remaining shares.
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Jayshmay said:
So is Sprint essentially an MVNO?
No, not at all. Did you read my post?
AJ
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I've been wondering about this. What's sprint's end game is here. They've publicly said that they want to by Clear but dont have the money. Then, about 2 days later, they get into a goofy fee dispute with them. Sprint has marketed the heck out of "4g". Perhaps they are content to take an ATT approach, be satisfied with their current coverage,cover certain cities, market us to death without expansion. Perhaps they are trying to force clear into a merger. But sprint has to have some sort of plan here. Right?
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Now, not to nitpick but by "satisfied with their current coverage" did you mean the whole thing with coverage after they put several billion into the network this year? Cause...Sprint hasn't done that, and can't afford to stall now on either their network or their investments. They've stopped turning a profit on their services.
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Yes that is what I meant. Although I tend to agree with you I was just trying to read their mind. I think it's been proven that with an "adequate" coverage map and some good marking it would be possible for them to turn a profit with their services."
Although that is nothing but pure speculation that on the one hand I hope is not true on the other I'm mostly hoping they find a way to turn a profit. We all need sprint, whether they are our carrier or not.
Personally though I'm thinking that they are just waiting for clear to get to the point where they need to merge. Although I'm not really sure how that would work.
Although that is nothing but pure speculation that on the one hand I hope is not true on the other I'm mostly hoping they find a way to turn a profit. We all need sprint, whether they are our carrier or not.
Personally though I'm thinking that they are just waiting for clear to get to the point where they need to merge. Although I'm not really sure how that would work.
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