Clearwire needs $240mln from Sprint, $200MLN-$250MLN vendoring financing to stay funded this year. They will have to go to SPRINT first and guess what , they will complete sale of the company in the process.
Sentiment: Strong Buy
If CLWR is in dire financial straights, why does Sprint want them?
Sprint wants Clear because of its LTE ( Long Term Evolution ) network for its Mobile Phones/ Pc apps etc....
because CLWR has assets S needs. CLWR just doesnt have the money to monetize those assets.