Also regarding to CNBC's report on "The $3 billion in proceeds from the sale of the convertible bond to Softbank will be used to help Sprint with certain debt maturities it has coming up and in its continued effortto acquire control of Clearwire.".
I see only 50Million S bond coming to mature in 2013/8. And next one is in 2016. So not too much bond. 3B should just totally be thrown into the CLWR deal.