DISH could acquire part of Clearwire spectrum, says Wells Fargo

theflyonthewall.com

After DISH (DISH) submitted a bid for Clearwire (CLWR), Wells Fargo doesn't think that DISH will be able to buy all of Clearwire, given Sprint's (S) 51% stake in the company. However, the firm thinks that DISH could obtain 37 MHz of spectrum and a 25% stake in Clearwire for $3B. The firm sees no downside risk to DISH from this offer and it recommends buying the stock.

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