Sprint: We Don't Control Clearwire
Even Though It's Clear We Are Trying To
Even though it has taken a majority stake in Clearwire
, moved quickly to take over the company's board
, made financial maneuvers to prevent anyone else from buying Clearwire
, and will likely acquire the company with the help of new owner SoftBank once their current deal is approved -- Sprint would like everybody to know that they don't control Clearwire
. "While we have a majority stake, we do not have control of the company, and their finances are not consolidated with Sprint's," Sprint insisted to news outlets this week
. "They are an independent company with independent management and board. This is (the) same as when we previously owned more than 50 percent." The same, except now Sprint has a rich sugar daddy in SoftBank that makes everything completely, totally different.