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


Sprint, Verizon expanding Windows Phone lineup

Sprint will launch its first Windows Phone 8 smartphones by this summer, from HTC and Samsung, the wireless carrier announced today. In addition, Verizon says it will be adding its third Windows Phone 8 device, the Samsung ATIV Odyssey, in the coming weeks. The ATIV device will join the HTC 8X and Nokia Lumia 822… Read More

Sprint's Dan Hesse

It’s official: Sprint is trying to buy the rest of Clearwire for $2.1B

The ongoing fluctuations in the mobile market took yet another turn today as Sprint Nextel announced its intentions to buy out its longtime partner, Clearwire, for $2.1 billion. The acquisition talks were disclosed in SEC filings Thursday morning, and Bellevue-based Clearwire said it would not be commenting further on the possibilities of a deal. “Clearwire… Read More


Clearwire shares surge after Sprint positions for full buyout

Shares of Clearwire jumped more than 10 percent today after CNBC reported that Sprint Nextel may try to acquire its remaining interest in the Bellevue broadband wireless provider by the end of the year. CNBC’s David Faber said that Sprint — which has agreed to be acquired by Japan’s Softbank — may attempt to acquire the… Read More


Sprint taps Airbiquity to bring the cloud into cars

Wireless provider Sprint is moving into communication and entertainment systems for vehicles, and it’s bringing Airbiquity along for the ride. The Seattle-based company was selected by Sprint to provide its “Choreo” cloud platform for connected vehicles as part of the new Sprint Velocity system, which was announced earlier today. Sprint will make the Velocity system… Read More


T-Mobile exec: One major carrier will go down

In a recent conversation with shareholders, T-Mobile COO Jim Alling said that he believes out of the four major cell phone carriers — AT&T, Verizon, Sprint and his own T-Mobile — one will fade away in the coming years. We’re guessing he didn’t mean the company he works for, even though T-Mobile took a net… Read More


This Clearwire investor just fired a volley at Sprint, warns carrier not to meddle in spectrum sale

One of Clearwire’s largest shareholders is urging the company to sell its excess spectrum in an attempt to raise as much as $9 billion — a huge tally that’s nearly three times Clearwire’s current market value. In a letter to the company filed with the Securities and Exchange Commission on November 1, Mount Kellet Capital Management’s… Read More


Sprint reportedly in no hurry to gobble up Clearwire

There’s been a lot of speculation about what will happen to Clearwire following Softbank’s purchase this week of a 70 percent stake in Sprint Nextel. But don’t hold your breath for a deal between the new Sprint and the old Clearwire, at least in the short-term. Bloomberg News reports, citing people with knowledge of the… Read More


Verizon blows past rivals in Seattle area speed tests

Looking for the fastest wireless network in Seattle? Look no further than Verizon, which easily trounced its rivals in terms of upload and download speeds in recent tests. Verizon, which has been expanding its LTE network throughout the Pacific Northwest in the past year, also beat out its competitors in terms of text message delivery…. Read More

iphone 300

Report: T-Mobile likely to offer iPhone by next year

“Always the bridesmaid, never the bride” no longer… T-Mobile should get the iPhone by next year. It’s probable that the U.S. carrier will finally score the coveted gadget, according to Bloomberg, citing a report from Sanford C. Bernstein’s Craig Moffett. T-Mobile will be the last major American carrier to offer the iPhone, with Verizon, Sprint and AT&T customers… Read More


Sprint reduces Clearwire stake, no longer majority owner

Sprint Nextel and Clearwire have been joined at the hip for years, creating what has been at times an uncomfortable marriage. But the two companies — while not splitting outright — are growing apart. As a result of recent stock changes, Sprint is no longer Clearwire’s majority shareholder. On June 1, Sprint made the decision… Read More


WiMax dealt another blow: new Sprint phones to be LTE-only

Sprint is putting another nail in its WiMax coffin by confirming at an Orlando mobile carrier conference that it will no longer release new WiMax phones, instead relying on devices that run on its upcoming LTE 4G network. It’s news likely to be watched closely by Bellevue-based wireless broadband provider Clearwire, which has received a… Read More


The fastest (and slowest) wireless networks in Seattle

Are you looking to switch wireless carriers? Well, before you make the jump it might be worthwhile to spend some time with a new report released today by Root Metrics, which analyzes the performance of the four big carriers in Seattle. The results of the survey — compiled after some 20,000 tests and analyzing factors… Read More


Clearwire says revenues more than doubled in fourth quarter

Trying to rebound from a tumultuous year, wireless broadband provider Clearwire just provided a sneak peek at its fourth-quarter financial performance, saying it expects record revenues of $362 million — more than double its result from a year ago. Separately, Clearwire announced plans to raise more money through a debt offering, saying its Clearwire Communications… Read More


Sprint becomes NBA sponsor as T-Mobile shifts to sidelines

Sprint today announced a “sweeping multiyear marketing partnership” with the NBA as the league’s official wireless sponsor, filling a role that had been held by T-Mobile USA since 2005. The announcement confirms the rumblings we’d been hearing for the past few months about T-Mobile giving up the longtime NBA sponsorship. The Bellevue-based company is facing… Read More


Comcast and Time Warner to end wholesale deals with Clearwire

Comcast and Time Warner will end their wholesale agreements with Clearwire, part of a deal that the cable companies struck today to sell wireless spectrum to Verizon. Cnet reports that the decision ends “a lukewarm relationship” between the cable companies and Clearwire, with reporter Roger Cheng noting that Comcast signed up just 30,000 customers through the… Read More


Sprint throws Clearwire a $1.6 billion lifeline in funding deal

Clearwire and Sprint this morning announced a new agreement that could provide Clearwire with as much as $1.6 billion over the next four years. With the deal, the Kirkland-based wireless broadband company announced that it has made a $237 million debt payment that it had considered skipping to preserve cash. Also of note: The companies… Read More

Erik Prusch

Clearwire considers skipping debt payment, shares plunge

Shares of Kirkland-based mobile broadband company Clearwire fell more than 20 percent in trading today after its CEO told the Wall Street Journal that it’s contemplating skipping a $237 million debt payment, due Dec. 1, to help conserve its cash. “It’s a very expensive payment that we have,” said Erik Prusch, the company’s CEO since… Read More