Sprint To Buy Clearwire For Spectrum and Upcoming TD-LTE Network

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Sprint today announced plans to acquire a 100 percent stake in Clearwire, which it already owns a majority stake in. As part of the acquisition Sprint will pay $2.97 for each stock it doesn’t currently own in Clearwire for a total of $2.2 billion. The acquisition would give Sprint control of the company and its […]

Sprint Buys Majority Share of Clearwire

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Sprint now controls 50.8 percent of Clearwire, giving it majority control over the company according to a Reuters report. With its majority control of stock Sprint can control what moves Clearwire makes without much interference. Sprint previously controlled slightly less than 50 percent of Clearwire’s stock. The deal to buy a majority control of Clearwire […]