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Clearwire Corporation (CLWRD) Message Board

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  • sunnybeach73 sunnybeach73 Dec 29, 2012 11:59 PM Flag

    I'll vote...

    Clearwire owes $6.4B in debt which includes spectrum leasing payments. As stated by CLWR’s SEC filings … ‘But suffice it to say that the value attributed to our spectrum was also well below recent speculation.’ … meaning a 21 cents /MHz/POP was the market value for its spectrum.

    In a bankruptcy settlement, after the IRS gets theirs next in line will be the first lien creditors for theirs, followed by payrolls for employees (back pay and severance pay). It is only at the end that shareholders get any slices that are left. Hoping for a bankruptcy is idiotic and the worst outcome for shareholers

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