real-time news and commentary for investors
Friday, Feb 1
The fact Clearwire (CLWR +0.3%) is still weighing Dish Network's (DISH +1.1%) $3.30/share offer...
The fact Clearwire (CLWR +0.3%) is still weighing Dish Network's (DISH +1.1%) $3.30/share offer and hasn't yet accepted $80M in February financing from Sprint (S +0.9%) indicates Dish's offer "must not be so illusory after all," says BTIG's Walter Piecyk. He also thinks "Sprint’s discussions with Clearwire don’t appear to be faring too well," given the carriers haven't nailed down terms for an accelerated 4G buildout, and have extended the deadline for reaching them by a month. (previous)