JamesPC
join:2005-10-12
Orange, CA
| reply to hottboiinnc
Re: Is Xohm dead?
From the Press Release:
Sprint will contribute all of its 2.5 GHz spectrum and its WiMAX-related assets into a subsidiary of the new company. The implied equity valuation of Sprint's contribution is approximately $7.4 billion which will result in approximately 51 percent ownership, based on the target price of $20.00 per share.
Comcast will invest $1.05 billion, Intel Capital will invest $1.0 billion in addition to its previous investments made in Clearwire, Time Warner Cable will invest $550 million, Google will invest $500 million, and Bright House Networks will invest $100 million, for an aggregate total of $3.2 billion. The investments by Intel Capital, Comcast, Time Warner Cable and Bright House Networks and the contributions from Sprint will be made into a limited liability company subsidiary of the new company. Google will invest directly in the new Clearwire's Class A common stock. In a separate transaction to occur 90 days after closing, Trilogy Equity Partners will invest $10 million in the purchase of shares of Class A common stock on the same pricing terms as the other investors.
The total transaction value will be approximately $14.5 billion, assuming an investment price of $20.00 per share. |
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hottboiinnc
ME
join:2003-10-15
Cleveland, OH | reply to JamesPC
TWC, Comcast, and BH have all given money though- just not Sprint- hell Sprint basically just gave spectrum. |
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EPS
join:2008-02-13
Hingham, MA
| reply to guessing
That's what I was thinking as well. So you might be able to buy "Comcast Wireless HSI", "Sprint Xohm", or "Clearwire Wireless Broadband", but in reality they'd all be the same service (maybe package differences)... At least, that's the impression I got from the articles I've read about the agreement. |
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guessing
@spcsdns.net
| reply to JamesPC
I'm guessing that even though Sprint owns most of Clearwire, they'll still use the Xohm name for Sprint-specific WiMAX services tied into other Sprint services, IE, an EVDO/WiMAX combo card or a Sprint CDMA phone with Xohm. But when someone buys a laptop with Intel WiMAX or other generic WiMAX devices, users simply hookup to Clearwire WiMAX.
So cable MNVO's may have names for their WiMAX service using Clearwire backbone and Sprint will sortof also have an MVNO subset called Xohm.
Just guessing. |
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JamesPC
join:2005-10-12
Orange, CA | reply to EPS
Sprint will own 51 percent (shares) of the new Clearwire company. With Sprint, Clearwire, comcast, timewarner, and Bright house having wholesale agreements. |
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