Thursday, May 24, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Lenovo's PC Sales Shows Signs of Life, Although Smartphones Sales Remain Low
Uber's Self-driving Recognized Pedestrian Late and Failed to Brake: NTSB
Qualcomm Snapdragon 710 Mobile Platform Brings Artificial Intelligence Features to a New Tier of Smartphones
Intel Nervana NNP-L1000 Neural Network Processor Coming in 2019
Uber Ends Arizona Self-driving Program
Apple to Offer $50 Rebates for iPhone Battery Swaps
Qualcomm Snapdragon XR1 SoC to be Dedicated to VR and AR Headsets
Next@Acer: Acer Debuts Premium Chromebooks, Gaming Desktops and Notebooks
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Clearwi...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, March 28, 2013
Clearwire To Accept Sprint Funds


Clearwire today announced that it has elected to take the $80 million April draw under the terms of its agreements with Sprint Nextel, which is seeking to buy it, reducing the chances for rival bidder Dish Network.

Besides Sprint's offer to buy the remaining stake of Clearwire, DISH Network has made an unsolicited, non-binding proposal for the company. Clearwire's board of directors has engaged in discussions with DISH concerning its proposal and with Sprint over the course of the last three months, and said it intends to continue such discussions.

Sprint's December deal to buy out Clearwire included the option for the smaller company to draw on $800 million in convertible debt in 10 monthly installments. The company also drew on the financing in March but it had declined the offer in January and February because it was considering the Dish offer.

Clearwire said it had not made any determination as to whether to take any future draws under the Sprint Financing Agreements and has not made any determination to change its recommendation of the current Sprint transaction.


Previous
Next
Microsoft Publishes List Of Its Patents on the Web        All News        AT&T, UK Carriers To Start Taking Orders For Galaxy S 4
Facebook Teases With Android-related Product Announcement     Mobiles News      AT&T, UK Carriers To Start Taking Orders For Galaxy S 4

Get RSS feed Easy Print E-Mail this Message

Related News
T-Mobile Agrees to Buy Sprint For $26 Billion
T-Mobile Closer to Sprint
Sprint to Offer Free Hulu Service
SoftBank's Sprint Partners With Cable TV Company Altice
T-Mobile and Sprint End Merger Discussions
Sprint, T-Mobile Merger Talks Stopped: report
SoftBank Agrees on T-Mobile - Sprint Merger: report
Sprint Is Offering a Free iPhone 8 With Trade-In
Sprint Starts Partnership Talks With US Cable TV Providers Charter Communications and Comcast
Sprint, T-Mobile Said to Begin Merger Talks
SoftBank To Offload Sprint: report
Sprint is Buying Stake in Tidal

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .