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It looks like Dish Network (DISH) wants to fight the Sprint/Clearwire (S, CLWR) merger: Dish,...
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Friday, December 21, 2012, 6:19 PM ETIt looks like Dish Network (DISH) wants to fight the Sprint/Clearwire (S, CLWR) merger: Dish, just cleared to offer 4G services, has petitioned the FCC for more time to file an objection to the deal. Among other things, Dish suggests the FCC look at the "competitive effects" of Sprint/Clearwire's spectrum position, and the fact the spectrum will be controlled by a foreign company (SoftBank). Also: BTIG's Walter Piecyk has joined activist investors in arguing Clearwire is worth a lot more than the $2.97/share Sprint is offering. (filing - PDF)
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This news story has 2 comments:
ATT and Verizon is banned by FCC to get it.
T Mobile is hardly in a position for a big fight.
Of course, there is a possibility of getting a a bit more from Sprint. Not very easy if the CLWR board agreed to the deal.