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Clearwire Corporation (CLWRD) Message Board

  • indano indano Dec 21, 2012 8:36 AM Flag

    Talk of Layoff, Severance = Fraud

    If Clearwire is discussing downsizing, severance, etc. with employees they are commiting a breach of fiduciary responsiblility to shareholders.

    The deal has not been voted on, has not been approved by shareholders. It's business as usual !!!

    CLWR management and BOD has a fiduciary duty to shareholders to meet LTE build committents and collect performance fees as previously outlined. Any less is an attempt to pre-sink the ship into Sprint harbor.

    CLWR management and BOD has a fiduciary duty to shareholders to meet LTE build committents and collect performance fees as previously outlined. Any less is an attempt to pre-sink the ship into Sprint harbor.

    CLWR management and BOD has a fiduciary duty to shareholders to meet LTE build committents and collect performance fees as previously outlined. Any less is an attempt to pre-sink the ship into Sprint harbor.

    My shares vote NO in class action suit.

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    • Clearwire had a meeting of all employees via cc/video call on Monday. Before that when the deal was announced it immediately struck me that parts of Clearwire would be let go.. if not entire departments, then substantial numbers of employees. These may occur in parts of the organization that will become overlapped and redundant. However, I suspect that key employees may be kept, even in redundant areas of the business if SB-S think highly of their skills or the area is going to need to be expanded as the network get built to a higher level.

      If you look out over the next few years at how Sprint needs to build up/out their current networks, re-farm iDEN spectrum, deploy more small cells, beef up back-haul, work on new common devices, there are areas within Clearwire that might be pushed back in time-necessity that may see increased need down the road in just 1-3 years. Longer term, Sprint-SB will need to push into new areas of growth that include more field work in deploying of networks, building out more vertical markets that include cloud and IPTV services, etc. The overall expectation has been that although consolidation is almost inevitable, that the 'size of the pie' will grow larger as mobile wireless embraces the additional fields of activity that incorporates a broader range of services and rich media that counter the pressure of downward pricing due to commoditization of basic BB, voice and messaging type services. What Sprint won't need is a separate retail and most other marketing and strategic sales groups imo. However, as mentioned, they will need to beef up their efforts as they expand services going forward so key people may be retained even though the separate units are redundant.

      Thats just rumination .. its easy enough to suggest anything at this point and its almost immaterial to what happens.

    • Sprint will fall of cliff if the CLWR deal does not consummate.
      Without CLWR spectrum, T & VZ crush S.
      Sweeter deal headed our way.
      We're sitting on a Gold Mine.