Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Clearwire (CLWR) has resumed trading after disclosing Dish Network (DISH) has made a complex...

  • Tuesday, January 8, 7:26 PM ET
    Clearwire (CLWR) has resumed trading after disclosing Dish Network (DISH) has made a complex $3.30/share offer for the company. Shares +9.3% AH to $3.19. The fact Sprint (S) owns a majority of Clearwire shares and (given its rhetoric) might legally contest any agreement with Dish could be limiting Clearwire's gains.
Track new comments on this story

This news story has 6 comments:

  • I think we should give the boot to Softbank and snuggle up with Dish. Dish/Sprint/Clearwire and let's throw in Acatel/Lucent.
    8 Jan, 08:28 PM Reply Like
  • No softbank/sprint/dish should have combined forces. They could have become #1 in two years.
    8 Jan, 08:34 PM Reply Like
  • Agree 100%!!!!! If VZ and AT&T stock can be at $35.00....so can Sprint! The problem is I have twice the share in Clearwire than Sprint. However, don't forget the $6 (and some) that will come to the share holder in mid-2013 from Softbank.

    As for Dish...I don't mean to say I told you so, but...told you so. LOL!
    9 Jan, 01:12 AM Reply Like
  • Don't give up on the idea that sprint/dish may partner up. If S wants to hit $35 dollars then they need to provide all the same services as Verizon and ATT. Both company offer broadband internet, home telephone and television. With CLWR sprint will be able to provide wireless broadband internet and telephone. All they need is TV services and they could even stream that with wireless boadband instead of using Dish satilites. If this goes through Sprint will go even higher than 35$ because maintaining and upgrading a wireless network has to be much less than fiber, coax and Sat. The CLWR spectrum and bandwith is a gold mind. I bought back into CLWR post market hours on the news of the dish bid. I'm confident that S will do whatever it takes to keep CLWR in its pocket because they are nothing without them. I'm willing to take the risk of a loss on a gamble that S will raise the price from 2.97 to get dish off the table and make the remaining board members happy. Becareful with S stock because it will most likely drop if they do raise the buyout price. Longterm S will be a great investment if CLWR deal works out.
    10 Jan, 02:13 PM Reply Like
  • Wow...you bought post market hours on the news of Dish bid? I bought months ago when it was $1.30 and yes, all they are missing is TV. But that's why Dish is interested in Clearwire. Not because Sprint needs TV but because Clearwire download speed is 150+ mbps...not 28 mbps like VZ or AT&T. That's why it will go to $35.00
    11 Jan, 08:09 AM Reply Like
  • I've been invested in CLWR for almost 2 years and have purchased shares between $2.00 and $1.19.
    15 Jan, 04:10 PM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)