Sprint Fan All the way

Sprint Fan All the way
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  • 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[View news story]
    To me, that's like softbank& sprint deal is a GO
    Mar 28, 2013. 03:45 PM | Likes Like |Link to Comment
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