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Clearwire (CLWR -8.4%) falls some more after SoftBank CEO Masayoshi Son says he remains open to...

Clearwire (CLWR -8.4%) falls some more after SoftBank CEO Masayoshi Son says he remains open to bidding on MetroPCS, a move that would further lower the odds of Sprint buying Clearwire in full near-term. Shares have already tumbled this week in response to other bad news (I, II) on this front, but remain up 45% since the first reports of a Sprint/SoftBank deal arrived.
Comments (10)
  • People are too nervous.
    19 Oct 2012, 10:27 AM Reply Like
  • seriously, isn't there a $150 million(or so) termination fee if TMobile-PCS fails BEFORE it can even be bought? It's a gamble to hold CLWR but not as much of a gamble as a month ago methinks.
    19 Oct 2012, 10:33 AM Reply Like
  • Be Patient...Clearwire has something that is going
    to be a huge need in the near future
    19 Oct 2012, 10:51 AM Reply Like
  • Sprint & SoftBank are most likely stetting up a deal for CLWR for the near future based on the interest that SoftBank Has in TD-LTE which is used predominantly in Asia.
    19 Oct 2012, 10:54 AM Reply Like
  • It's basic economics; Clearwire has stated that it has more spectrum than it needs to roll out its LTE network. Supply and demand drive price and with Clearwire's debt and supply abundant, Clearwire is not in a position of any real strength. I look for their price to keep dropping in the near term.
    19 Oct 2012, 12:02 PM Reply Like
  • Life does not end with rolling out LTE network.
    20 Oct 2012, 08:42 AM Reply Like
  • Does anyone know what CLWR'S Spectrum is worth. Can a dollar value be placed on it.
    19 Oct 2012, 12:08 PM Reply Like
  • I think CLWR has a larger potential in long term rather than being bought out for $4 right now. If you are a long term investor, then in couple of years CLWR being at $10-$12 is not a far fetched idea.
    19 Oct 2012, 12:47 PM Reply Like
  • Agreed - problem is the cash burn and the debt burden puts them in a position of weakness every year or so.
    19 Oct 2012, 07:58 PM Reply Like
  • Id like to know if theres any chance of sprint stock to be issued for clearwire shares and just be assumed into sprint? Maybe give 1 sprint share for every 2 of clearwire...what do you guys think?
    19 Oct 2012, 05:34 PM Reply Like
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