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Comments on news posted 2013-01-09 08:23:19: Dish Network has made a counter offer to acquire Clearwire that tops the previous offer made by Sprint last month. According to the New York Times, Dish Network is bidding $3.30 a share, 11 percent more than Sprint. ..


rradina

join:2000-08-08
Chesterfield, MO

Go Dish...

I don't like Charlie or his company* but aside from my feelings, we need more competition in the wireless industry.

* Bad experience in the 90s when they rebranded America's Top 40 package as 50 channels and raised rates -- yet I didn't have 50 channels. Service rep told me that it's 50 services, not channels despite the web site saying "channels". At the time, Sundance and IFC shared a channel and they told me this counted as 2. Ticked me off, went to DirecTV and swore I'd never have them again.


kapil
The Kapil

join:2000-04-26
Chicago, IL

What's the real story?

Sprint is the majority owner of Clearwire. Dish had to have known that without Sprint's consent, the bid will go nowhere...and with Sprint trying to acquire the remainder of Clearwire itself, Dish also had to know that the deal will probably not happen.

So, what's the real story here?

Did Dish go to Sprint looking to partner on Dish's own wireless ambitions and get turned down? Was Dish looking to acquire Sprint and the Softbank deal got in the way? Did Sprint upset Dish some other way? Because this doesn't make a whole lot of sense....unless it's just a rumor started by someone who wants to dump some CLWR stock.
--
»www.kapilville.com


whfsdude
Premium
join:2003-04-05
Washington, DC
Reviews:
·Comcast
said by kapil:

Did Dish go to Sprint looking to partner on Dish's own wireless ambitions and get turned down? Was Dish looking to acquire Sprint and the Softbank deal got in the way? Did Sprint upset Dish some other way? Because this doesn't make a whole lot of sense....unless it's just a rumor started by someone who wants to dump some CLWR stock.

I am guessing that one of the arguments Sprint will make when it is trying to get approval for the majority Clearwire purchase to regulators is that "No one wants Clearwire, they cannot survive on their own."

Dish just made this argument a lot harder to make. There is also a lawsuit occurring (I don't remember the details) involving some of shareholders to stop the sale of Clearwire to Sprint.


Metatron2008
Premium
join:2008-09-02
united state
Clearwire loses money every year. There has to be another reason..


trparky
Apple... YUM
Premium,MVM
join:2000-05-24
Cleveland, OH
kudos:2

If they can't get Clearwire, why not buy T-Mobile?

If they can't get Clearwire, why not buy T-Mobile?


FFH5
Premium
join:2002-03-03
Tavistock NJ
kudos:5
reply to whfsdude

Re: What's the real story?

said by whfsdude:

I am guessing that one of the arguments Sprint will make when it is trying to get approval for the majority Clearwire purchase to regulators is that "No one wants Clearwire, they cannot survive on their own."

Dish just made this argument a lot harder to make. There is also a lawsuit occurring (I don't remember the details) involving some of shareholders to stop the sale of Clearwire to Sprint.

I think this is just some shareholders(Ergen of Dish) looking for greenmail. Pay us to go away. And the lawsuit will come after Sprint gets Clearwire if Sprint doesn't buy off Dish ahead of time.
--
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasury.

kem09030

join:2004-11-29
Rushville, IL
reply to whfsdude
Dish may have wanted Sprint to buy the spectrum they just got approved. Sprint took a pass on the spectrum Dish had so now Dish wants to drive the price up on Clear. Sprint was also a bit of a thorn in the side of Dish when they were trying to get the spectrum approved. A lot of analysts are saying Dish just wants to drive the price up for Sprint...I think they may be right this time.


whiteshp

join:2002-03-05
Xenia, OH
reply to trparky

Re: If they can't get Clearwire, why not buy T-Mobile?

Dish has 0% interest in providing LTE. They are looking at spectrum as gold. Ie it will go up a lot. So tell the FCC they will deploy or release the spectrum. After they buy the spectrum that AT&T can't right now, they resell to AT&T after squatting on it for a value increase to help cover it's massive debt. They could also use it when time comes to try and get a buyer for Dish who wouldn't touch it due to it's debt load except for the high end spectrum portfolio.

openbox9
Premium
join:2004-01-26
Germany
kudos:2
reply to kapil

Re: What's the real story?

Everything has a price, even Sprint's stake in Clearwire. This bid will require Sprint to pony up more money. Other shareholders will want the better return on their investment and if Sprint doesn't allow it, expect a shareholder revolt and lawsuits.

Some of your scenarios are plausible. Softbank may have complicated Dish's plans and now Dish is pursuing alternatives.


trparky
Apple... YUM
Premium,MVM
join:2000-05-24
Cleveland, OH
kudos:2
reply to whiteshp

Re: If they can't get Clearwire, why not buy T-Mobile?

So in other words, Dish has no plans at all to do anything with that spectrum except to sit on it and let it gain value.

So much for the pipe dream of having some strong competition against the big two carriers.
--
Tom
Boycott AT&T uVerse! | Tom's Android Blog | AOKP (The Android Open Kang Project)