How does this affect Sprint?
Why would they go through with it? Seems like throwing bad money after good, when they already have control of the company.
Throwing good money after bad is what sprint and Dan do best. How about nextel then the iPhone then more dilution then more debt....sprint has achieved success at a high level as the shares have plunged from $20 to $5.
Sell the unwanted spectrum to pay for the purchase, and pay down the debt
Gee, why didn't CLWR think of that?