What are the chances that this is all a ruse to help Sprint show that there is no other viable player to take over clear wire? I think this has given the market and CLWR investors a better understanding that realistically Sprint is the only one that could possibly buy CLWR.
Maybe Dan has already agreed to work with DISH and this is a way forward to quickly show print is the only alternative and DISH gets what it wants in the long run.
I look for DISH to back out pretty quickly and this clears the way for Sprint to close the deal.
I think this is a ploy to dismiss Crest's lawsuit on Sprint. Crest’s main argument is that Sprint is underpaying Clearwire minority shareholders at $2.97 which Crest believes Clearwire spectrum is being priced at way below the market value ($0.36 to $0.65 /MHz/POP) based on analysts. Dish's offer of 11B MHz-POP for $2.2B has established Clearwire spectrum price at $0.19/MHz/POP which invalidates Crest’s claim in its lawsuit.
CLWR could also host the Dish terrestrial spectrum and provide Dish additional spectrum that Sprint cannot do as they have the slowest 3g network in the USA and nowhere near enough spectrum to deploy LTE.