Clearwire owes $6.4B in debt which includes spectrum leasing payments. As stated by CLWR’s SEC filings … ‘But suffice it to say that the value attributed to our spectrum was also well below recent speculation.’ … meaning a 21 cents /MHz/POP was the market value for its spectrum.
In a bankruptcy settlement, after the IRS gets theirs next in line will be the first lien creditors for theirs, followed by payrolls for employees (back pay and severance pay). It is only at the end that shareholders get any slices that are left. Hoping for a bankruptcy is idiotic and the worst outcome for shareholers
Don't ever expect real facts from sunny...he has been bashing CLWR since this deal came about...he tries all kinds of tactics and my guess is he a hired gun but he has no bullets just BS. Vote NO and hold..we will get a better return IMO...w/out the CLWR Spectrum Son is out billions...he will pony up is my guess as soon as they know which way the vote will go..the fact that they have idjits posting on this board tells me they need every vote possible. GL and HNY