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Clearwire Corporation (CLWRD) Message Board

  • sselyapu sselyapu Jan 11, 2013 10:37 AM Flag

    DISH goes hostile at $3.30 and gets 10 to 15 percent

    CLWR invokes the poison pill, and the Sprint deal is killed. CLWR allows the acquisition and DISH and other minority holders block the Sprint deal. CLWR and S are weakened. S has to pay $5 to $6 for CLWR or face a very bad outcome.

    Sentiment: Strong Buy

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    • Let’s say Dish gets a nod from the BOD and buys the rest of Clearwire at $3.30 and leaves Sprint in the dust with no spectrum whatsoever.

      - Who is going to fund Clearwire’s buildout after the current contract with Sprint expires?

      - Who is going to take over Clearwire’s massive debt?

      - Where is Cleawire is going to get its own expensive LTE “core”, from the banned Huawei? As it stands, Clearwire is solely depended on Sprint’s LTE network.

      - Without having Sprint as Clearwire's backbone why would Dish invest in an "incomplete" network with no handset devices that come with it?

      Think about it?
      Doesn't this seem more like a ploy cooked up between interested parties?

      • 2 Replies to sunnybeach73
      • Clearwire has not rushed in to burn more cash to build out an LTE network. It does not have to. Sprint needs an LTE network to compete with Verizon and AT&T. Clearwire continues to increase it's revenue each quarter without LTE. Clearwire can build an LTE network slowly. The problem with being tied to Sprint is that Sprint is preventing Clearwire from obtaining the greatest value for Clearwire shareholders outside of Sprint. Clearwire really needs an outsider that buys convertible securities from It. That way the new investor and the minority shareholders can gain the majority vote and boot all Sprint patsies out of high level positions. Ergen would like more spectrum as it's the gold of the industry. Most important is that without Sprint dictating Clearwire can continue to be a wholesaler, continue service via Clear to it's own customers and sell chunks of spectrum along the way. Each sale brings more cash to pay off debt and build some LTE one city at a time as cash permits. By the time it is running there will be plenty of LTE TDD handsets on the market given the demand for them world wide. Sprint can be just another wholesale customer. Under that scenario AT&T can buy spectrum from Clearwire and Sprint is screwed. That's because Son most likely will walk with his billions, Sprint will be deep in debt and AT&T won't have Sprint as a serious competitor.

      • The minority will block anything below 8 so dish's offer is irrelevant for now - it's just stirring things UP (pun intended).

        Sentiment: Strong Buy

    • If DISH has so much power over their own fate and the outcome of their bid for Clearwire, they would not have put forward such a #$%$ deal.

    • has john stanton earned his keep? did he and mccaw know the scenario's long before the market place did? time will tell.....