May 22, 2013

Sprints Offers $1.6 Billion Help to Clearwire


Read the original article at Financial Feed

Clearwire Corp’s liquidity crisis has prompted an offer of $1.6 billion help over the next 4 years from Sprint Nextel Corp, the 3rd U.S. mobile provider. It sent bankruptcy-risk Clearwire shares up by 14%. Part of the deal was an extension of Sprint’s Clearwire network use and possibly an equity combination and payment of Clearwire [...]

Read the original article at Financial Feed