clearwire
MetroPCS is Off the Table. What Now, Sprint?
allthingsd.com
With its acquisition of MetroPCS, T-Mobile and its parent, Deutsche Telekom, have taken out one tough rival and put the competitive screws to another: Sprint. Earlier this year, Sprint was poised to acquire MetroPCS when the company’s board of directors balked at the deal at the last minute. Though fully...
Google plans to sell off stake in Clearwire at a steep loss
www.engadget.com
It was just under four years ago that Sprint and Clearwire brought together an impressive group of companies as part of a multi-billion dollar partnership to back the WiMAX service provider, but it's safe to say that things haven't quite worked out as planned in the years since. While Clearwire...
Sprint in talks to buy out Clearwire, report says
news.cnet.com
Sprint has been talking to a number of Clearwire's big-name shareholders, according to CNBC. [Read more]...
Verizon in talks to lease Clearwire spectrum for $1.5 billion
www.engadget.com
Verizon could be looking to bolster its wireless network with Clearwire spectrum, according to the Wall Street Journal. The potential deal, of which little is known at the moment, would see the nation's number one wireless operator forking over $1.5 billion for use of Clearwire's spectrum. Leasing spectrum an...
Sprint buys up the rest of Clearwire for $2.2B
gigaom.com
Sprint followed through on its bid to buy the remaining portion of Clearwire that it doesn’t own, spending $2.2 billion or $2.97 per share, the operator announced Monday. The deal by Sprint, which already owned 51.7 percent of Clearwire, values the 4G provider at about $10 billion, including net debt and...
Study shows Sprint severely undervaluing Clearwire spectrum
www.geekwire.com
A study that one Clearwire shareholder commissioned shows that the company’s spectrum is worth two to three times more than what Sprint is currently offering in its bid to acquire Bellevue-based Clearwire. The study, done by Information Age Economics, shows that Sprint’s current offer of $2.97 per share undervalues its longtime...
FreedomPop adds free calls and free texts to free wireless internet to "basically screw AT&T and Verizon"
venturebeat.com
Apparently, information does want to be free. And phone calls, and text messages. At least, if you’re a subscriber to FreedomPop, “America’s free wireless internet company.” FreedomPop, which already offers free wireless internet service, is announcing a partnership with TextPlus today which will enable it to also offer free voice calls...
FreedomPop adds free calls and free texts to free wireless internet to "basically screw AT&T and Verizon"
Clearwire May Dump WiMAX
gigaom.com
Clearwire said today it’s changed the terms of an agreement it had with Intel, one of its largest investors, that could lead the way for Clearwire to dump WiMAX and switch to LTE. On its first-quarter financial results call today, an executive with Clearwire said the new terms allow...
Sprint, Clearwire announce a deal
www.washingtonpost.com
Sprint announced Monday that it has reached a deal with Clearwire to acquire 100 percent of the company. The $2.2 billion deal will see the nation's third-largest carrier pay $2.97 per share for the 50 percent of Clearwire that it does not already own. On Thursday, a Sprint filing revealed...
Desperate to become a wireless broadband player, Dish ups bid for Clearwire
arstechnica.com
Folks, we’re in a good old-fashioned bidding war! Dish has now upped its own bid for Clearwire to $4.40 per share, $1.00 per share more than Sprint’s current offer of $3.40 per share—and noticeably higher than Dish’s own previous offer of $3.30. Both companies are after Clearwire’s significant spectrum...
Interview: Clearwire CEO Sees 4G Opportunities Where Rival LightSquared Stumbled
allthingsd.com
With rival LightSquared running into interference, Clearwire sees an even bigger opportunity for itself to offer a 4G network to others. “Our spectrum is clean, it’s contiguous, it’s deep and it doesn’t suffer from interference issues,” CEO Erik Prusch said in an interview at Mobile World Congress in Barcelona. It’s...
Clearwire CEO hints at layoffs, as investor boosts stake to repel Sprint deal
www.geekwire.com
Clearwire CEO Erik Prusch met with employees this week to reassure them that even though Sprint has offered to buy the company for $2.2 billion, it remains “business as usual” until the deal is completed next year. Prusch also addressed the jobs of workers, pointing them to a FAQ related...
Draper Fisher Juvertson invests in social bandwidth MVNO Karma
gigaom.com
Karma, a new virtual mobile operator that encourages customers to share their 4G connections, has a new investor: Draper Fisher Juvertson, the venture capital firm that invested in big in SpaceX, Tesla, Box, Yammer and several greentech firms. DFJ’s official Twitter account revealed the investment Monday morning, and when contacted,...
Clearwire stock jumps 8% on Dish's $5B offer
venturebeat.com
It’s a good day for wireless service provider Clearwire, which currently has two lucrative offers that could make its shareholders very happy. Yesterday, the satellite TV company Dish made an offer to buy a sizable chunk in Clearwire stock as well as 24 percent ownership in Clearwire’s spectrum —...
Funambol gets $5.75M to fuel mobile carriers' cloud services
gigaom.com
Funambol just got a $5.75 million vote of confidence that it can help mobile carriers that want to challenge the likes of Apple’s iCloud, Google Drive and Microsoft’s SkyDrive. The later-stage funding round was led by previous investors HIG Growth Capital, Nexit Ventures and Castile Ventures. Funambol won’t just get the...
Qualcomm gets on the Band 41 bandwagon, pledges support for Clearwire's upcoming LTE TDD network
www.engadget.com
Not exactly groundbreaking news here -- Clearwire's impending LTE TDD network is happening, regardless -- but it's always good to have the weight of a mainstay like Qualcomm behind you. Particularly when you're pushing uphill, into the wind, against far more established 4G networks from AT&T and Verizon Wireless....
Report: T-Mobile slashing 100 jobs just before MetroPCS merger
www.geekwire.com
Just weeks before T-Mobile is expected to merge with Metro PCS, a report from the Seattle Times indicates that 100 people in marketing and other departments at the company headquarters in Bellevue will be let go. We’ve reached out to T-Mobile for comment and will update this story when...
Change at the top at China Mobile as its chairman retires
thenextweb.com
China Mobile has announced that its chairman, Wang Jianzhou, has stepped down from his position at the world’s largest opeator “by reason of age”, his replacement will be Xi Guohua, the operator’s vice chairman. Xi, who is a former vice minister at China’s Ministry of Industry and Information Technology, will retain...
Skype Co-Founders's FreedomPop Starts Taking Sign-Ups for 4G iPhone Sled
allthingsd.com
FreedomPop on Thursday started taking pre-orders for its first product, an add-on sleeve that gives the iPhone 4G data capability. The company, which is backed by Skype co-founder Niklas Zennstrom, is promising users that buy the $99 device upwards of 500MB of free data use each month. The company isn’t...
It's official: Sprint is trying to buy the rest of Clearwire for $2.1B
www.geekwire.com
Sprint’s Dan Hesse The ongoing fluctuations in the mobile market took yet another turn today as Sprint Nextel announced its intentions to buy out its partner Clearwire for $2.1 billion. The acquisition talks were disclosed in SEC filings Thursday morning, and Clearwire said it would not be commenting further on...
Clearwire confirms China Mobile deal is unaffected by the country’s LTE license delay
thenextweb.com
US wireless firm Clearwire has spoken out to confirm that the Chinese government’s decision to wait at least two years before issuing 4G licenses will not affect its deal to buildChina Mobile’s LTE network. Chinese authorities recently went public with a timeline that will mean LTE licenses are not issued before 2014,...
To avoid defaulting on its massive debt, LightSquared’s Falcone is stepping aside
venturebeat.com
About the only thing LightSquared is buying these days is time, which is useful since the company is about to defaulting on millions in debt. To do this, Founder and public face of troubled wireless network startup LightSquared Philip Falcone has agreed to tone down his profile with the...
Sprint buys out shareholder to take controlling share of Clearwire
thenextweb.com
Following its $20.1 billion sale to Japanese mobile operator Softbank, US carrier Sprint has negotiated a clever deal to take a controlling stake of its broadband services partner Clearwire, buying out the shares held by Eagle River Holdings to hold a 50.8 percent share of the company. The deal was announced in a...
iPod touch as a phone sounds great, unless you need 911
gigaom.com
Last month, FreedomPop began taking pre-orders for a $99 sleeve that turns an iPod touch into a voice-enabled 4G handset. The device uses Clearwire’s WiMAX 4G network for connectivity and is combined with a VoIP software client so that the iPod essentially becomes a modern day smartphone. That sounds great...
Credit Suisse buys Google's Clearwire shares
www.electronista.com
Google has sold its stake in Clearwire to international financial services group Credit Suisse, the Wall Street Journal revealed this week, citing unnamed sources. Each of the 29.4 million shares sold for $2.26 for a total of $66.5 million. While this represents an enormous loss compared to the $500 million...
Clearwire subscriber growth flat at 11 million, but stock rises as outlook improves for 2012
www.geekwire.com
Clearwire’s revenues fell to $316.9 million during the second quarter in part because of a slowdown in wholesale revenues. And the Bellevue wireless broadband provider’s subscriber count was essentially flat at 11 million when compared to the first quarter. But Clearwire, whose stock gained 12 percent in earlier trading Thursday...
Clearwire expects TD-LTE by June 2013
www.electronista.com
Clearwire chief Erik Prusch in comments during his company's fiscal results call Thursday set a timeframe for its move to LTE for 4G. He expected an initial round of 5,000 sites to switch on by June 2013. The currently WiMAX-only provider is planning to use TD-LTE on top of WiMAX...
Clearwire: Just give us one more year on LTE
gigaom.com
We’ll have to wait another year for the LTE network Clearwire has long been promising. At its quarterly earnings call on Wednesday, Clearwire CEO Erik Prusch said the WiMAX carrier’s first batch of 5,000 LTE cell sites will be switched by June 2013, FierceWireless reported. The launch almost seems perfectly...
Clearwire to Tap Sprint Financing
online.wsj.com
Clearwire plans to tap financing made available by Sprint Nextel in a move that further complicates Dish Network's effort to buy the wireless broadband operator....
Infographic: Making sense of the spectrum debate
gigaom.com
We’ve filled up a lot of posts at GigaOM discussing spectrum and the supposed capacity crunch carriers face now that mobile data is taking off like a rocket, but all those references to megahertz and gigahertz can get a bit confusing. Luckily our friends at mobile network testing firm RootMetrics...
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