Thursday, October 18, 2012

Sprint acquires a controlling 50.8% stake in Clearwire

Sprint acquires a controlling 50.8% stake in Clearwire

. With Softbank (SFTBY) acquiring a 70% stake in Sprint (S), it was speculated by Bloomberg that the latter would be unlikely to push on with its efforts to buy  a controlling stake in Clearwire (CLWR). Reuters is now reporting that Sprint has “acquired control of Clearwire Corp after buying out one of the company's other shareholders,” however.

Boy Genius Report , Sprint acquires a controlling 50.8% stake in Clearwire, Sprint acquires a controlling 50.8% stake in Clearwire

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