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13 result(s) displayed (1 - 13 of 13):

Shrinking Sprint gives Clearwire $1.2B (from Corporate Dealmaker)

Sprint Nextel Corp. (NYSE:S) has lost about 3 million customers so far this year, which is making its 4G WiMax investments in Clearwire Corp. (NASDAQ:CLWR) all that more important. Rivals Verizon Wireless and AT&T Inc. (NYSE:T) operate a larger 3G network and are adding customers in the millions per quarter....

Posted on November 10, 2009 4:22 PM


Would Sprint sell its Clearwire stake? (from Corporate Dealmaker)

Although still suffering integration headaches from its merger with Nextel, Sprint Nextel Corp. (NYSE:S) saw its stock jump on Monday with rumors of Deutsche Telekom AG (NYSE:DT) mulling a bid for the troubled wireless carrier. Besides the incredibly daunting task of integrating U.S. No. 3 Sprint with Deutsche Telekom's...

Posted on September 14, 2009 3:38 PM


WiMax news: Cablevision and Sprint move ahead (from Corporate Dealmaker)

Cablevision Systems Corp. said Thursday it completed the initial phase of its $300 million-plus Optimum Wi-Fi deployment in New York and expects to bring wireless Internet to its customers for free in the tristate area over the next two years. Cablevision's strategy, as Cnet.com puts it, is not to operate...

Posted on September 4, 2008 4:36 PM


Clearwire reports second-quarter loss, focused on Sprint deal (from Corporate Dealmaker)

Wireless Internet provider Clearwire Corp. posted a $191.1 million loss for the second quarter due to costs related to its merger with Sprint Nextel Corp.'s WiMax business, but is focused on making the deal work. Meanwhile, reports say Sprint may sell its iDen wireless network to either NII Holdings Inc. or PE investors and Sprint itself could be taken over by South Korea's SK Telecom.

Posted on August 8, 2008 1:45 PM


Hobson was a JV guy (from Corporate Dealmaker)

Dealmaking lends itself to certain axioms: Talk less and listen more; beware of deal fever; cherish certainty of closing. To these I would add a personal favorite -- avoid joint ventures whenever possible. No one would argue with a straight face that a joint venture is the optimum business...

Posted on June 1, 2008 11:00 AM


McCaw on overseeing the multipartner Clearwire JV (from Corporate Dealmaker)

Last week's  $14.5 billion WiMax deal calls for collaboration between Sprint Nextel Corp., Clearwire Corp., Google Inc., Comcast Corp., Time Warner Cable Inc. and Bright House Networks. That's quite a collection of interests to keep in alignment, and Clearwire founder Craig McCaw (pictured) has stepped up his involvement in the...

Posted on May 14, 2008 4:36 PM


Clearwire's other partner (from Corporate Dealmaker)

An alliance as potentially consuming and unwieldy as Clearwire Corp.'s $14.5 billion WiMax venture with Sprint Nextel Corp. is bound to have implications for the companies' existing partners, right? That's what analysts wondered when DirecTV Inc. announced its first-quarter earnings on May 7, just hours after the Clearwire-Sprint WiMax deal...

Posted on May 12, 2008 9:31 AM


A chat with Intel Capital's Sodhani (from Corporate Dealmaker)

The Deal's Olaf de Senerpont Domis talked with Intel Capital president Arvind Sodhani about Intel's $1 billion investment in the new WiMax entity created through the Sprint Nextel Corp.-Clearwire Corp. alliance. We noted on this blog Wednesday that Intel's initial investment in WiMax was $10 million back in 2002. As...

Posted on May 8, 2008 9:35 AM


Intel, an early WiMax believer (from Corporate Dealmaker)

Coverage of the WiMax alliance between Sprint Nextel Corp. and Clearwire Corp. has focused on Sprint's huge WiMax gamble -- and for good reason. It has been a tumultuous few years for Sprint, which has been hemorrhaging subscribers in its core cell-phone business and in April saw its triple-play wireless...

Posted on May 7, 2008 12:49 PM


Sprint loses mobile phone JV partners (from Corporate Dealmaker)

Comcast Corp., Time Warner Cable Inc., Cox Communications Inc. and Advance/Newhouse Communications said they are pulling out of a $200 million mobile joint venture, known as Pivot, with Sprint Nextel Corp. "We both decided that the product that was designed was too operationally complex -- dependent on too many...

Posted on April 23, 2008 5:42 PM


New strategy chief for Qwest (from Corporate Dealmaker)

Former Qwest Communications International Inc. investor relations executive Stephanie Comfort has taken on dealmaking responsibilities as the Denver telecom's recently appointed executive vice president of corporate strategy. Comfort has been on the job since September 2007, though the announcement of her move had been delayed. Comfort moves into the position...

Posted on February 26, 2008 5:32 PM


Sprint, Clearwire and Intel close to WiMax JV (from Corporate Dealmaker)

The WiMax venture between Sprint Nextel Corp. and wireless broadband service provider Clearwire Corp. is gaining momentum. TheStreet.com cites "people close to the companies" in a report saying a deal may be announced in the next few days. No word on Google Inc. joining the foray, but...

Posted on February 15, 2008 1:29 PM


Team convergence (from Corporate Dealmaker)

A new $200 million JV among Sprint Nextel and four cable TV companies aims to fend off competition on both sides.

Posted on April 15, 2006 7:15 PM


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