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Sprint Invests Just Enough in Clearwire to Give it 50.8%

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Oct 18, 2012, 8:32 AM

Yay for Sprint, Screw AT&T

This is a good move for Sprint. I like that little company for many reasons.

And as for AT&T, screw em. They are only bitter because the FCC, DOJ and God knows who else shot there bit for T-Mobile down. Fuq em.
As a Sprint customer I am glad this is happening. As far as AT&T they just received "FCC Greenlights AT&T's WCS Spectrum Plans " . So in other words they are just fine , that will amplify there LTE networks and is also a counter to what Verizon receiv...

Oct 18, 2012, 3:14 PM

So who is right?

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
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.
The Wall Street Journal is dedicated specifically to business news, and they are rarely wrong.
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