Sprint Nextel shareholders recently voted overwhelmingly to approve a proposed merger between Sprint and SoftBank. Earlier this week, the deal cleared one final hurdle with the unanimous decision by the U.S. Federal Communications Commission (FCC) to approve the merger. Today,…
Sprint’s Clearwire Acquisition is Complete
Last December, Sprint Nextel announced that it intended to pay $2.2 billion to fully acquire the portion of telecom company Clearwire that it did not already own. Today, Sprint announced that the transaction is finally complete. Clearwire shareholders approved the…
Sprint-SoftBank Merger Approved by U.S. FCC
In late June, Sprint Nextel shareholders voted to approve the proposed merger of Sprint and SoftBank during a special shareholders meeting. The only hurdle left for the companies was the U.S. Federal Communications Commission (FCC), which needed to approve the…
Sprint Ups Clearwire Acquisition to $5 Per Share
In December 2012, Sprint Nextel announced that it would acquire the 50% of Clearwire that it did not already own for $2.2 billion. Sprint would pay $2.97 per share of Cleawire, valuing the company at around $10 billion. The acquisition…
Is Google Building The Next Generation Of Wireless Networks?
Whenever Google experiments in something, the results are oftentimes pretty awesome. Google Glass, self-driving cars and Google Fiber are all examples of something that started out as an experiment and are now some of the most exciting tech being developed…
Sprint Fully Acquires Clearwire for $2.2 Billion
Sprint announced today that it will acquire the 50% of Clearwire that the company does not already own. Sprint will pay $2.97 per share of Clearwire, spending $2.2 billion for the purchase. The transaction puts Clearwire’s value at around $10…
Google Offers Great Deal On Junk Investment
Some hard times are coming for Clearwire Corporation. Google has filed paperwork with the Securities and Exchange Commission (SEC) to shed their 6.5 percent stake in the 4G wireless providers corporation. Clearwater’s major investment in WiMaxx was supposed to cement…