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Clearwire to take USD 80 mln draw under Sprint Nextel deal

2013-02-27 22:27:00| Telecompaper Headlines

(Telecompaper) Clearwire has announced it has elected to take the USD 80 million March draw under the terms of its agreements with Sprint Nextel to provide additional financing to Clearwire in the form of notes be exchangeable for Clearwire common stock at USD 1.50 per share. The Special Committee has not decided whether to take any future draws under the Sprint Financing Agreements. The committee has engaged in discussions with Dish concerning its takeover proposal and with Sprint over the course of the last two months, and intends to continue such discussions. Clearwire does not expect to enter into an accelerated build-out agreement with Sprint at this time.

Tags: deal usd draw sprint

 

Sprint posts big 4Q loss, revenue rises Sprint Nextel Corp., the...

2013-02-09 22:32:30| IT Services - Topix.net

The company's focus, and that of its investors, is on its long-term turnaround efforts rather than on short-term results.

Tags: the big posts loss

 
 

Sprint Q4 loss widens as Nextel customers flee

2013-02-07 13:15:17| CNET News.com

Sprint's Nextel platform lost more than 1 million subscribers, offsetting progress made by its core business. The company sold 6.6 million iPhones in the period. [Read more]

Tags: loss customers sprint nextel

 

Sprint Nextel loss widens, customer losses continue

2013-02-07 01:00:00| Total Telecom industry news

Analyst welcomes news that U.S. mobile operator's network overhaul is on track.

Tags: customer continue loss losses

 

Nextel Wireless Broadband Part II: Speed

2013-01-13 01:10:25| Wireless - Topix.net

After a full week of having my Nextel Wireless Broadband service and card, I must say that so far I'm currently a very happy customer.

Tags: part speed wireless broadband

 

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