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Comments on news posted 2012-02-20 09:19:45: After obtaining $734 million in its latest stock offering, a new regulatory filing by Clearwire notes the company has $1.11 billion in available cash and short-term investments as of the end of last year. ..

page: 1 · 2
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Linklist
Premium
join:2002-03-03
Longport, NJ
kudos:5

Clearwire is a captive of Sprint's plans

Clearwire's fortunes are tied to Sprint. Basically they are a 1 customer company. If they can't succeed in getting a lot more wholesale customers besides Sprint, their product will be sold at a very low profit level. And if Sprint ever decides they don't need them, they will fold up. Ultimately, if they can't dervisfy their customer base, Sprint may just buy them at a huge discount.


battleop

join:2005-09-28
00000

"Basically they are a 1 customer company"

That's scary place to be if you are Clearwire. If you are Sprint that's a good place to be.



JasonOD

@comcast.net

Great news for AT&T, Verizon....

Looking like they won't have to deal with LTE wholesalers for quite some time.

brianiscool

join:2000-08-16
Tampa, FL
kudos:1

Terrible concept.

They will be gone by next year for sure.


dib22

join:2002-01-27
Kansas City, MO

reply to Linklist

Re: Clearwire is a captive of Sprint's plans

Sprint owned over 50% of them until recently (and still owns a giant chunk)... sprint is gonna let them collapse and buy back total ownership is my guess.

I guess on paper it will be cheaper to do it this way?

25139889

join:2011-10-25
Toledo, OH

Sprint could get them on the cheap- but can Sprint take on all their debt. That's the question. It could bankrupt Sprint in the end. Which we all know is gonna happen sooner or later after they have no cash either.



Linklist
Premium
join:2002-03-03
Longport, NJ
kudos:5

said by 25139889:

Sprint could get them on the cheap- but can Sprint take on all their debt. That's the question. It could bankrupt Sprint in the end. Which we all know is gonna happen sooner or later after they have no cash either.

If Clearwire goes bankrupt, Sprint could pick them up w/o the debt, which would be wiped out by the court.


mix

join:2002-03-19
Utica, MI

reply to dib22
Anyone have a ballpark figure on the value of Clearwire's spectrum in 2012?


dplantz

join:2000-08-02
Roslindale, MA

reply to brianiscool

Re: Terrible concept.

Would I be nuts to buy Sprint or ClearWire stock right now?

rradina

join:2000-08-08
Chesterfield, MO

reply to Linklist

Re: Clearwire is a captive of Sprint's plans

Sprint could buy liquidated assets at auction but I disagree that the court "wipes out debt". Clear's debt holders will get as much as they can out of Clear's assets and they won't sell it to the lowest bidder.

What I don't know is whether or not the spectrum assets are sold separately or with the infrastructure and what involvement the FCC has. For instance, can AT&T or Verizon simply bid on and acquire the spectrum for their own infrastructure? Will the FCC allow either of them to get the spectrum or will they move to foster competition? Can the spectrum be sold or does this go back to the FCC and get auctioned again? (I'd think it could be sold but I'm guessing the spectrum isn't owned but rather a license was purchased. The license could have reclamation fine print if the holder of the license ceases operation.)


Linklist
Premium
join:2002-03-03
Longport, NJ
kudos:5

reply to mix

said by mix:

Anyone have a ballpark figure on the value of Clearwire's spectrum in 2012?

»gigaom.com/broadband/clearwires-···g-plans/

Clearwire holds over 100 MHz in every major U.S. market. To put that in perspective, that’s more than five times what AT&T and Verizon are using to launch their current ultra-fast LTE networks. With that kind of capacity, Sprint conceivably could continue to offer unlimited smartphone data plans well into the future, while its competitors struggle to limit their customer’s usage.

If Sprint were to tap into a future Clearwire TD-LTE network, it would have capacity to burn. Clearwire can feasibly launch an LTE network with 40 MHz of bandwidth, double what AT&T and Verizon offer today — and Clearwire has plenty more room to grow.

What is 100 mhz of nationwide spectrum worth? Easily billions. Sprint needs to keep control of this spectrum if they want to compete with AT&T & Verizon.
--
The nine most terrifying words in the English language are, I'm from the government and I'm here to help.
»www.politico.com/2012-election/


BiggA

join:2005-11-23
EARTH
Reviews:
·Comcast

reply to JasonOD

Re: Great news for AT&T, Verizon....

It's a good deal for AT&T in that AT&T needs more capacity. Maybe they could get a good deal from Clearwire to supplement their own network in the urban cores with 2600mhz LTE?

I think what makes the most sense would be for T-Mobile, AT&T, and Sprint to all use Clearwire for supplemental 4G, supplemental to HSPA+, LTE/HSPA+ and LTE, respectively.

25139889

join:2011-10-25
Toledo, OH

reply to dplantz

Re: Terrible concept.

nuts period for anything Sprint touches.


dib22

join:2002-01-27
Kansas City, MO

reply to dplantz

said by dplantz:

Would I be nuts to buy Sprint or ClearWire stock right now?

Maybee google will buy them, and then it would be worth something per share

openbox9
Premium
join:2004-01-26
japan
kudos:2

reply to dplantz
Yes, IMHO.


tmc8080

join:2004-04-24
Brooklyn, NY
Reviews:
·ooma
·Optimum Online
·Verizon FiOS

limited business model

selling primarily wireless broadband in a duopolized market with PROPRIETARY devices is a limited buiness model! clearwire just didn't see HOW limited it would be! clear will implode soon leaving that spectrum for the bottom 20% of market share companies (metro and sprint). IMO, Tmobile should not get this spectrum.

Still looking to see when companies will offer better deals on data & minutes. It appears Metro PCS has the lowest price but shoddy speed & coverage. Next cheapest: Virgin Mobile, then the other MVNO's of at&t and verizon (net10 & straight talk). Will anything change in the future?!? Like bundles of unlimited data & monthly minutes on Android phones?

patcat88

join:2002-04-05
Jamaica, NY
kudos:1

reply to rradina

Re: Clearwire is a captive of Sprint's plans

Liquidation is very rare for any corporation with enough clout to get MSM mentioning. Reorganization is what will happen, and Sprint will buy out the other debts at a fraction of the debts value in bankruptcy court.

patcat88

join:2002-04-05
Jamaica, NY
kudos:1

reply to mix
Clearwire doesn't own spectrum, it leases it from educational and non-profits. Clearwire's spectrum is EBS/BRS bands.

»wireless.fcc.gov/services/index.···=ebs_brs


rahvin112

join:2002-05-24
Sandy, UT

reply to Linklist
Baloney. It's lousy spectrum. It can't even go through 2 walls and it uses so much juice it drains a battery in minutes (which makes it lousy for cellphones but OK for fixed wireless). In auction I'd be surprised if they got even 10% of the value of the Class C block. Why would Sprint basically rebuild their entire network if the Clearwire spectrum was worth anything (keep in mind clearwire has all new towers and 100G fiber hookups to the towers).



skeechan
Ai Otsukaholic
Premium
join:2012-01-26
AA169|170
kudos:2

Bummer

I'm one of 3 customers actually very happy with Clear. I'll be seriously bummed if/when they go under.

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