Sprint Skips Clearwire Investment Opportunity
Eventually, Sprint Will Buyout.
I have been told that Sprint tried to purchase Clearwire for $5 a share and Clearwire dismissed the offer. Then Craig Mcgaw takes a walk. Once Clearwire drops in market value, I suspect talks will resume again.
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The issues is not they want to purchase or not, it is Sprint has the capital to purchase it because they are getting whole a lot of customer but at the same time they are losing money... Don't you got too confuse what is it going on???
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Which is of course why sprint will not buy their debt. They would rather let the company devalue so they can buy it than contribute to its success. Its the same reason sprint doesn't want to pay them their surcharge. That's the only rational reason I can think of.
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finally someone has a rational thought. sprint wont pay a premium for something that isnt working as they thought. the 4g works good enough, but lte is going to be better. they are going to wait till clearwire the brand isnt worth much then scoop them up. they will switch to lte once the market demands it.
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