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Clearwire Tells Shareholders to Take Dish Offer
Thursday, June 13, 2013 - 7:46am | 575Read More...Dish Network (NASDAQ: DISH) means business. The company showed that when it trumped Sprint Nextel’s (NYSE: S) offer of $3.40 a share for Clearwire (NASDAQ: CLWR) stock with a tender offer of $4.40 a share. In response now, according to Reuters, Clearwire told shareholders Wednesday to vote...
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Last Minute SoftBank Offer Puts Dish on the Defensive (DISH, S)
Tuesday, June 11, 2013 - 8:42am | 537Read More...A well-known cliché says, “The best-laid plans of mice and men often go awry.” It should be peppered all over the walls of Sprint Nextel (NYSE: S) corporate headquarters. As The New York Times reported Sunday, eight months ago, the “plan” was a done deal. Sprint Nextel would buy full control of...
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SoftBank Get U.S. Congressional Clearance – Dish Tries An End Run
Thursday, May 30, 2013 - 3:02pm | 571Read More...Japanese telecommunications company, SoftBank, received the all-clear Tuesday regarding its proposed $20.1 billion takeover of Sprint Nextel (NYSE: S) , according to Bloomberg. As momentum builds in favor of SoftBank, Dish Network (NASDAQ: DISH) and its $25.5 billion offer increasingly becomes...
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Verizon Wants a Piece of Clearwire Spectrum
Tuesday, April 16, 2013 - 12:13pm | 554Read More...News that Verizon (NYSE: VZ) wants to buy Clearwire (NASDAQ: CLWR) spectrum is being widely speculated but (so far) not confirmed by either party. Such a deal would potentially throw a wrench in the works with regard to negotiations involving Sprint (NYSE: S), Clearwire, Japan’s Softbank and...
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Sprint Nextel Earnings Preview: 'Sprint Ahead' on Vision Network?
Tuesday, July 24, 2012 - 10:02am | 1256Read More...Wireless and communications network holding company Sprint Nextel (NYSE: S) announces second-quarter earnings on Thursday, July 26 before market open. Analysts expect earnings per share (EPS) of $-0.38 on revenues of $8.73 billion. Sprint Nextel beat analyst estimates the past four quarters,...
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J.P. Morgan: Sprint Has Options Beyond Clearwire (S, CLWR)
Thursday, February 24, 2011 - 9:08am | 155Read More...In a report focusing on Clearwire Corporation (NASDAQ: CLWR) and Sprint (NYSE: S), J.P. Morgan said that Sprint's stated 4G strategy is to use WiMAX via its ownership in Clearwire. “However, we believe the company has several options at its disposal,” J.P. Morgan writes. “One option, which we...
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Clearwire (CLWR) Beats Wall Street Revenue Expectations
Wednesday, February 24, 2010 - 9:52am | 119Read More...Clearwire Corporation (Nasdaq: CLWR) reported a 4th quarter loss of $98.7 million, or 55 cents per share, compared with a pro forma loss of $90.4 million, or 47 cents per share, a year earlier. Revenue increased from from $59.7 million to $79.9 million, beating the Wall Street average estimate of $...
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Former Intel (INTC) Executive Pleads Guilty To Fraud
Monday, February 8, 2010 - 7:57pm | 188Read More...Rajiv Goel, a former Intel Capital director, pleaded guilty on Monday to the charge that he had received money from friend and Galleon Group hedge fund founder Raj Rajaratnam. "Although we lived very different lives, we kept in close contact and I received money from him for personal financial...
