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Clearwire Corporation (CLWRD) Message Board

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  • investorsec8 investorsec8 Jan 24, 2013 7:42 PM Flag

    Why did google sell clwr if they need a network now?

    Google does not have to even buy Clearwire stock again. They can instead make a long term contract with Clearwire to use spectrum with the stipulation that is conditional on a no vote for Sprint's offer. Together with such offer a public statement that they are against the Sprint/SoftBank takeover on the grounds that a foreign entity will control such vast spectrum resources and hold American's at ransom with absurdly high prices for small amounts of spectrum offered for sale. Alternatively Google can buy spectrum directly from Clearwire before it's potential future parent becomes a reality. They can also partner with Dish to make a joint bid for Clearwire and sealing the deal by upping Dish's current offer with a concurrent purchase of treasury stock from Clearwire to gain majority control. The market action today points to a yet higher offer.

 

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