Sprint has acquired control of Clearwire

iDownload Blog
By Christian ZibregOct 18, 2012, 8:55 am145 pts
It was reported that the nation’s third-largest telco Sprint Nextel is looking to buy a controlling stake in Clearwire without an acquisition. Sure enough, Sprint instead opted to buy out one of Clearwire’s other shareholders to increase its 48 percent stake to a controlling 50.8 percent stake. The terms of…

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