Clearwire to Investors: Sprint Is Our Best Option
@ Crest: This is a foreclosure not a buy out.
I am about sick of these woodby 3rd party interest stiring up trouble and causing people who are doing work additinal expense and aggrivation for profit.
Sprint already owns 51% controling interest. In addition to that Sprint has bank rolled Clearwire/Clear since 2007 with "loans" that Clear cannot even make the interest payments on let alone lets not even discuss that contractual obligation of the minimum payments that they agreed to in the begining.
This is NOT a buy out its more of a foreclosure / reposession.
The other 49% is lucky they are getting ANYTHING back at this point any other company is Clear's position not having Sprint's Financial "life support" would have gone broke altogether.
Crest in attempting to contribut...
(continues)
Sprint already owns 51% controling interest. In addition to that Sprint has bank rolled Clearwire/Clear since 2007 with "loans" that Clear cannot even make the interest payments on let alone lets not even discuss that contractual obligation of the minimum payments that they agreed to in the begining.
This is NOT a buy out its more of a foreclosure / reposession.
The other 49% is lucky they are getting ANYTHING back at this point any other company is Clear's position not having Sprint's Financial "life support" would have gone broke altogether.
Crest in attempting to contribut...
(continues)
Bravo well said. Wish investors would receive this kind of rude awakening to the offer they are being proposed from Sprint should have been done and over with a while ago. Hope Sprint votes for Softbank!
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