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Sprint Corporation Message Board

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  • bjspokanimal bjspokanimal Oct 7, 2011 6:06 PM Flag

    $600 million buy's TD-LTE at 90mhz via CLWR...

    Clearwire would be the nation's premier buyout candidate if not for Sprint holding half the shares. Besides it's "09/"10 infrastructure technology, it's spectrum alone is worth between $8 and $18 billion vs less than $4.5 billion in company debt. The spectrum is carried on the books at $4.2 billion book value.

    The stock is priced where it is because sprint controls the shares and sprint is it's primary customer... thus, the PPS is a small fraction of the value of CLWR assets.

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