clearwire22

Clearwire board changes tune, snubs Sprint and now favors Dish’s $4.40 per share offer

The Clearwire saga continues. And the latest development came Wednesday afternoon as Clearwire’s board of directors recommended that shareholders accept Dish Network’s $4.40 per share offer instead of Sprint’s $3.40 per share bid. That may seem obvious, given the higher price tag. But for weeks, Clearwire Chairman John Stanton has been arguing against the Dish… Read More

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Study: AT&T, Verizon are Seattle’s best-performing carriers

If you’re living in Seattle, AT&T and Verizon will deliver the best overall mobile performance, T-Mobile is not far behind and Sprint is decent with the exception of poor data download speeds. Those are the findings from Bellevue-based RootMetrics‘ fifth performance report, which ran 48,441 tests to analyze how the carriers compare in the Seattle region. The… Read More

Sprint's Dan Hesse

Sprint CEO Dan Hesse to Clearwire execs: Dish deal is not a ‘viable alternative’

Well, the rhetoric keeps rising as Sprint and Dish Network battle for Clearwire, the Bellevue-based provider of mobile broadband service. Following Dish’s upped bid last week, Sprint sent a letter Monday to Clearwire’s board which basically stresses that an acquisition by Dish violates the Equityholders’ Agreement between Clearwire and Sprint. And, if Clearwire chooses to… Read More

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With increased Dish offer on table, Clearwire delays vote on Sprint bid

Bellevue-based Clearwire is delaying its vote on Sprint’s takeover offer to give the company extra time to discuss Dish Network’s new proposal. The vote, originally scheduled for Friday, has been pushed back to June 13. On Wednesday, Dish boosted its offer for Clearwire, just two days before shareholders were set to vote on Sprint’s competing proposal. The latest offer… Read More

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Dish boosts offer for Clearwire to $4.40 per share as bidding war with Sprint escalates ahead of Friday vote

The bidding war continues. Dish Network has boosted its offer for Bellevue-based Clearwire, just two days before shareholders were set to vote on a competing proposal by Sprint. The latest offer of $4.40 per share represents a 29 percent premium over Sprint’s last-and-final offer of $3.40. The new bid comes as minority investors are set to… Read More

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Firm urges Clearwire investors to vote no on Sprint deal; board calls decision ‘superficial’

The ongoing saga of Clearwire has taken yet another turn as the independent shareholder firm Glass Lewis & Co. has recommended that minority shareholders in the Bellevue broadband wireless company vote against the increased offer from Sprint. The move comes a day after Crest Financial, which holds eight percent of Clearwire’s stock, claimed that Clearwire… Read More

clearwire22

Memo: Clearwire board urges shareholders to accept Sprint deal

It’s been a long and winding road for Clearwire, the Bellevue mobile broadband company which has been weighing competing offers from Sprint and Dish Network. But after months of deliberation, the board of directors today is recommending that shareholders go forward with Sprint’s $2.2 billion offer. Some investors have argued that Sprint’s bid is too… Read More

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Study: Windows Phone hits highest U.S. market share yet

Maybe there’s some truth to the hilarious and equally ridiculous ad Microsoft put out today, which attempts to differentiate Windows Phone from Apple and Samsung by poking fun at stereotypical users of the leading smartphones. The first quarter numbers from Kantar show Windows making consistent gains in the U.S. smartphone market, as evidenced by growth of 1.9 percentage… Read More

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Hoping to halt sinking profits, HTC debuts One smartphone

The flagship phone that could put an end to HTC’s sinking profits finally hit stores Friday. The long-awaited HTC One is available today by AT&T and Sprint, both online and at their retail stores. You can also purchase it at Best Buy, RadioShack, Walmart, Target, Amazon.com, Costco, Car Toys, Sam’s Club, HSN.com, and HTC.com. Both Sprint and AT&T are… Read More

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Verizon wants to buy Clearwire spectrum for $1.5B

Both Sprint and Dish Network are looking to buy Clearwire, the Bellevue-based wireless broadband operator that’s most coveted for its spectrum holdings. But now there may be another player in the mix. The Wall Street Journal reports today that Verizon Wireless has offered to pay as much as $1.5 billion to Clearwire for its spectrum leases…. Read More

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Memo: Dish Network offers $25.5 billion to buy Sprint Nextel

The wireless business continues to go through some wild transformations, and the latest example happened Monday morning as Dish Network announced a $25.5 billion bid for Sprint Nextel. That follows the satellite TV provider’s previous offer to gobble up Clearwire for $3.30 per share, slightly more than $2.97 per share offer from Sprint. Making matters more… Read More

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AT&T has the fastest LTE network (if you can access it)

The big U.S. wireless carriers are all fighting over who has the fastest LTE network, touting the speeds that can be obtained over the next-generation networking technology. But who is out in front when it comes to LTE? A new report out today tries to answer that question, and the results may surprise you. AT&T,… Read More

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Study shows Sprint severely undervaluing Clearwire spectrum

A study that one Clearwire shareholder commissioned shows that the company’s spectrum is worth two to three times more than what Sprint is currently offering in its bid to acquire Bellevue-based Clearwire. The study, done by Information Age Economics, shows that Sprint’s current offer of $2.97 per share undervalues its longtime partner Clearwire. It was commissioned by Crest… Read More

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Dish looks to scoop up Clearwire, outbidding Sprint by 11 percent

Many of Clearwire’s minority shareholders have argued that Sprint Nextel’s buyout offer is far too low, undervaluing the Bellevue company’s strong spectrum position. Now, they’ve got another believer. In the ongoing saga around Clearwire, Dish Network today announced an unsolicited offer to buy the wireless broadband company for $3.30 per share or $5.15 billion, more… Read More