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

Sprint's Dan Hesse

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

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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

airbiquity

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

tmobile

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

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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 takes majority control of Clearwire, buys Craig McCaw’s holdings

Craig McCaw

What a long strange trip it’s been. Sprint Nextel announced today in a SEC filing that it plans to acquire the Clearwire shares owned by Craig McCaw, a move that comes just days after Sprint agreed to sell a 70 percent stake in itself to Softbank. Sprint’s ownership stake of Clearwire had dropped in recent… Read More…

Sprint reportedly in no hurry to gobble up Clearwire

clearmodem

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…

Sprint’s iDEN shutdown may impact Clearwire’s network

sprint

Sprint’s plans to shut down its iDEN network next year could have an impact on Clearwire, with the broadband wireless company writing in a SEC filing that it will not continue to operate its own equipment at the Sprint locations once the network is decommissioned. “We concluded that, for certain of the Network and base… Read More…

Verizon blows past rivals in Seattle area speed tests

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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…

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

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“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…