Dish Gives Up on Clearwire
Our Long, Semi-Absurd Telecom Soap Opera is Over. Maybe.
On the heels of Sprint's recent higher offer for Clearwire, Dish has now announced that the company will be ending their attempt to acquire Clearwire. Sprint not only topped Dish's previous offer with a $5 per share offer of their own, Sprint's latest proposal with Clearwire included several provisions that made it more difficult for Clearwire to back away from a Sprint acquisition without penalty. The official announcement by Dish
is short and sweet, but it may not be an end to the drama. Dish still wants to build a nationwide LTE network, and analysts believe that Dish's Charlie Ergen may now pursue a T-Mobile acquisition to bring that plan to fruition. Dish has also now asked the FCC to waive network build out conditions they previously agreed to
requiring Dish build 40% of their LTE network within four years.