For the second month in a row, Clearwire (CLWR -0.5%) will be receiving $80M in convertible debt...


For the second month in a row, Clearwire (CLWR -0.5%) will be receiving $80M in convertible debt financing from Sprint (S +1.6%), even as it continues talking to Dish Network. Sprint agreed to provide Clearwire $800M in financing via 10 monthly installments as part of their merger terms. Separately, the WSJ reports U.S. regulators want the right to oversee Sprint's equipment purchases in exchange for signing off on the SoftBank (SFTBF.PK) deal, with the apparent intention of keeping China's Huawei and ZTE from landing orders. (previous)

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Comments (3)
  • adamkbice
    , contributor
    Comments (157) | Send Message
     
    "U.S. regulators want the right to oversee Sprint's equipment purchases in exchange for signing off on the SoftBank (SFTBF.PK) deal, with the apparent intention of keeping China's Huawei and ZTE from landing orders."

     

    Japan, China, same thing. Right, United States government?
    28 Mar 2013, 12:19 PM Reply Like
  • Erb69
    , contributor
    Comments (161) | Send Message
     
    All us sensible people here know they are not the same, but I like your sarcasm. I had you confused with someone else here for few minutes, haha.
    30 Mar 2013, 10:11 AM Reply Like
  • Sprint Fan All the way
    , contributor
    Comment (1) | Send Message
     
    To me, that's like softbank& sprint deal is a GO
    28 Mar 2013, 03:45 PM Reply Like
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