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SoftBank CEO: Our Sprint offer is superior for one reason: TD-LTE

2013-05-07 14:42:41| CNET News.com

SoftBank uses TD-LTE, a variant of LTE that Clearwire has already employed. That makes the SoftBank offer superior, the company's CEO says. [Read more]    

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SoftBank head to meet Sprint shareholders in U.S.

2013-05-07 11:35:46| IT Services - Topix.net

SoftBank Corp's president said he will go to the United States on Tuesday to meet Sprint Nextel Corp's major shareholders about the Japanese company's takeover bid, after rival bidder Dish Network Corp said a U.S. company would make a better suitor.

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Clearwire endorses Sprint takeover offer

2013-05-07 08:57:00| Telecompaper Headlines

(Telecompaper) Clearwire has sent a letter to its shareholders endorsing Sprint's takeover bid for the company. After an evaluation of the offer by a special committee of board members, Clearwire said the buy-out by its largest shareholder offers "the best strategic alternative for Clearwire's minority stockholders, representing fair, attractive and certain value". The company did not comment on the alternative takeover over from Dish Network. The offer of USD 2.97 billion or USD 2.97 per share offers an attractive value for its spectrum, a strong premium to the share price, high certainty compared to alternative business plans and immediate liquidity. Clearwire also sought an independent opinion, which found that the offer was fair in financial terms. Shareholders will be asked to vote on the takeover at a meeting on 21 May. Comcast, Intel, and Bright House Networks, which together own 13 percent in Clearwire, have already agreed to sell to Sprint.

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Sprint, Time form mobile content, ad alliance

2013-05-07 02:00:00| Total Telecom industry news

Partnership to see range of news delivered to select Sprint devices.

Tags: time content form mobile

 

Clearwire reiterates Sprint deal is best option

2013-05-07 02:00:00| Total Telecom industry news

Struggling wireless broadband provider insists alternative proposals from likes of Dish, Verizon will not work.

Tags: option deal sprint reiterates

 

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