Clearwire Will Sell Spectrum To Feed Its Money Woes
Dec 6, 2010, 11:21 AM by Philip Berne
Clearwire Corp, which runs the Clear network also used by Sprint's 4G service, is hoping to earn up to $2 billion this year by selling off unused spectrum licenses. The company has reportedly been in talks with both Sprint, which owns 54% of Clearwire, as well as T-Mobile, as part of an ongoing spectrum auction. The revelation came from comments Chief Financial Officer Erik Prusch made to investors at a UBS conference. In addition to the spectrum sale, Clearwire might also pursue an equity funding investment, perhaps from partner Sprint. The two companies have recently been at odds over wholesale service fees that Clearwire requires from Sprint customers, but arbitration proceedings next year could resolve these differences.
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Comments
Better!
It doesn't look like like federal data wholesaling regulations are going to take off any time soon. They're going to much...
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Azeron said:
This is more like it. If T-Mobile can afford to buy its own spectrum from Clearwire then that is something they should consider. Partnering with Clear and Sprint? No, no, no, no, no, no, no!
I agree....
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Opportunities
The one question I'm dying to hear an answer too is: "Which spectrum ba...
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I don't think Sprint has any intention of selling that off, but when iDEN gets retired I believe it will be put back into use for better building penetration wi...
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