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Sprint (S -0.4%) is on the lookout for additional deals that can increase its spectrum position,...

Sprint (S -0.4%) is on the lookout for additional deals that can increase its spectrum position, says CEO Dan Hesse. The comments come even as rivals argue Sprint will have an oversized spectrum position if/when the Clearwire (CLWR +1%) acquisition goes through. Leap Wireless (LEAP -3.2%), always discussed whenever spectrum-related M&A deals are brought up, is adding to yesterday's post-earnings losses.
Comments (3)
  • Cestlavie
    , contributor
    Comments (114) | Send Message
     
    Sprint will have more spectrum than AT&T and V combined once the Clearwire takeover is done. Hesse knows this very well. He will be in for a fight from ATT and V if he goes after more.
    21 Feb 2013, 01:43 PM Reply Like
  • Good Captain
    , contributor
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    Assuming their deal w/ CLWR is approved as is, I have significant doubts that further spectrum acquisition under current realities would pass muster.
    21 Feb 2013, 04:01 PM Reply Like
  • zanajohn1
    , contributor
    Comments (76) | Send Message
     
    Hesse wants to publicize that he has options so that CLWR Cl A shareholders will stop objecting to his low-ball buyout offer for CLWR.
    21 Feb 2013, 07:45 PM Reply Like
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