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Sprint Corporation Message Board

  • melodias23 melodias23 Feb 21, 2013 4:14 PM Flag

    DISH soon to be out

    Its become clear that print will eventually own 100% of CLWR !

    Sentiment: Strong Buy

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    • not for 2.97 !

    • Wrong. DISH has not proposed to own 100% of access to the spectrum, their proposal is incomplete, and the price they are offering does not square with being much of an improvement in price over Sprint's offer.. its not a clear take-out due to hurdles it must overcome... including approval of Sprint.

      If Ergen/DISH were totally committed to acquisition of Clearwire they would have offered a substantially higher price - a price that would have forced CW's board to drop the agreement with Sprint to be acquired. As it stands, the conditional agreement is for ~5% higher price... showing the tepid degree of interest.

      More likely, DISH wanted to gain a seat at the table for the FCC-DOJ deliberations and in hoped negotiations with Softbank-Sprint.

      • 1 Reply to teamrep
      • Sprint will not be displaced by DISH's pretty crummy offer given they own over 50% of the stock. The PR released by DISH toay sheds light on how pathetic and lousy their offer is - they have had to resort to rallying around the flag in a desperate, and xenophobic, attempt to get the DoJ to torpedo the deal. That ain' t gonna work. Vodaphone already owns 45% of VzW and DT was allowed to buy all od VoiceStream years ago.

        DISH is dead on this deal. Hard to figure out what their motivations are beyond the fact there are no other players beside Sprint and Clearwire that could ever build/host their spectrum. They will be forced to come to Sprint - end of story.

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