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Crest offers Clearwire alternative to Sprint finance plan

2013-04-04 04:38:04| Telecom - Topix.net

Crest Financial Ltd, the largest minority shareholder in Clearwire Corp, proposed a convertible debt financing plan aimed at making the wireless service provider less dependent on majority owner Sprint Nextel ( In a letter to Clearwire's board on Wednesday, Crest proposed $240 million of financing through a convertible debt facility that it said ... (more)

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