Sponsored Links

BRIEF-Clearwire says was unable to reach alternative deals to Sprint

Mon Dec 17, 2012 9:23am EST

Dec 17 (Reuters) - Sprint Nextel Corp : * CEO says does not expect Clearwire deal to affect timing of Softbank

deal if it can begin Clearwire deal process immediately * CEO says 21 cents per megahertz/pop is a "very fair price" for clearwire's

spectrum * Clearwire CEO says was not able to earch agreements for alternative

partnerships to Sprint, could not sell the co to another buyer because of its

governance terms * Clearwire CEO says looked to sell spectrum recently but received no new

interest * Clearwire CEO says has limited access to new debt capital * Clearwire CEO says restructuring is quite possible should deal with Sprint

not succeed * Says moving filing of Softbank s-4 form to Q1, to include some details of

Clearwire deal * Says to take down Clearwire wimax network over time * Says does not expect Clearwire deal to have any effect on sprint's network

vision network upgrade * Says technically it could add more hosting partners after adding Clearwire

spectrum but that this would require negotiations

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.