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Sprint: No Plans To Buy Out Clearwire
Though company strikes new deal reducing financial risk

Last week Clearwire announced they'd taken on $1.33 billion in additional debt to help finance their continued deployment of their Mobile WiMax network. Sprint, who currently holds a 54% stake in Clearwire, has had an increasingly tenuous relationship with Clearwire. In a statement released this week by Sprint, the company proclaimed they had no plan to acquire Clearwire. Sprint did say the company struck a new deal with Clearwire allowing them to Sprint to reduce their voting rights below 50 percent without reducing their financial stake in Clearwire -- lessening the financial risk should Clearwire default on their substantial debt. The statement comes on the heels of Sprint announcing a $2.5 billion network improvement plan that Sprint employees privately tell Broadband Reports absolutely sets the stage for a migration to LTE.

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ddwrt4
Sit down and drink with me
join:2010-06-09
Albany, NY

ddwrt4

Member

Proofreading?

My mom is a journalist and if I were the editor I would be embarrassed.

e. Sprint did say the company struck a new deal with Clearwire allowing them to Sprint to reduce their voting rights below 50 percent without reducing their financial stake in Clearwire -- lessening the financial risk should Clearwire default on their substantial debt.

Grothendieck
Premium Member
join:2002-07-28
Miami, FL

Grothendieck

Premium Member

Re: Proofreading?

Agree. Painful to read.
hottboiinnc4
ME
join:2003-10-15
Cleveland, OH

hottboiinnc4 to ddwrt4

Member

to ddwrt4
Blogs don't have editors.

Steve B
Premium Member
join:2004-08-02
Auburn, WA

Steve B

Premium Member

Typo?

..."Sprint did say the company struck a new deal with Clearwire allowing THEM TO SPRINT TO REDUCE their voting rights below 50 percent without reducing their financial stake in Clearwire..."
silbaco
Premium Member
join:2009-08-03
USA

silbaco

Premium Member

Spectrum?

How does Sprint plan to build an LTE network? I thought they transferred all their excess spectrum to Clearwire. Unless they plan to close down the Nextel network in the next year, I can not see this happening. They also have a lack of money from losing billions over the last several years.

Clearwire needs to stop focusing on large markets and focus on smaller markets. If they would target small markets where the alternative for broadband is 1mbps DSL or expensive cable, they might actually get somewhere. Smaller markets also have smaller obstacles to build around and therefore are easier to cover. I would sign up for clearwire if they came here. They may suck, but the internet around here sucks more.
patcat88
join:2002-04-05
Jamaica, NY

patcat88

Member

Re: Spectrum?

Where are all the wimax shills that promised universal coverage in the broadbandless rural areas?

The fact Sprint will upgrade to LTE just says who won. Obviously the guys (LTE) which are an upgrade from the current system (GSM family) will win. CDMA also lost. Clearwire has no domestic roaming, and probably never will (Clearwire won't roam on a "guy with a pickup truck" indie ISP with 3 base stations each hooked to a single 1.5mbitps T1). Just like Nextel.
silbaco
Premium Member
join:2009-08-03
USA

silbaco

Premium Member

Re: Spectrum?

Where are the wimax deployments many ISP's promised? They don't exist. My ISP is still spilling BS about how the FCC's plan of 3-4mb is holding us back. They are sending out newsletters telling us the reason our speeds are slow is because the FCC set the standard to low. My ISP can't even provide 1.5mbits, yet they blame the FCC for setting a minimum of 3-4mb. They are trying to convince everyone that the FCC will not let them offer more than 3mbits, which they fail to supply.

"Indie ISP's" (AKA Wisps) are something I would love to have. Most of them no longer use T1's, and they sure as hell can beat what my telephone company offers.
hottboiinnc4
ME
join:2003-10-15
Cleveland, OH

hottboiinnc4

Member

Re: Spectrum?

Those WiMax ISPs exsit. You just don't have any that advertises in your area. It's not hard to find them. Also if you believe your ISP for not allowing them to sell you anything more than 3Megs id change ISPs.
xenophon
join:2007-09-17

1 edit

xenophon to silbaco

Member

to silbaco
said by silbaco:

Where are the wimax deployments many ISP's promised? They don't exist.

There are about 150 WiMAX deployments around the world covering >600m population, expected to hit 1B next year. Over 50 deployments in US/Canada.

»wimaxforum.org/resources ··· y-report

WiMAX is hardly heading in the dumpster, especially if LTE in the States maintains ridiculously low caps.

Those who want WiMAX to die are pretty ignorant. It's asking the telcom industry to run the world. WiMAX is IEEE like WiFi, not controlled by the telcom industry. We need WiMAX to succeed.
hottboiinnc4
ME
join:2003-10-15
Cleveland, OH

hottboiinnc4 to patcat88

Member

to patcat88
WiMax is here and moving; Where is LTE? The same place WiMax. The Cities only. And woooooo 31 markets too!!! Way to go CellCo!

How can you prove that Sprint is even moving to LTE? They don't have ANY extra spectrum to do this with; It was all turned over to Clear to build that network.

The "we've been told" gets old with Karl and the rest of BBR claiming. Karl and the rest of the "news media" online only has been claiming that their "sources" that the iPhone and the 3G iPad was coming to VZW YEARS ago. Guess what! Still not there! Time to move on and stop spreading the rumors about something that's not going to happen.

iLive4Fusion
Premium Member
join:2006-07-13

iLive4Fusion

Premium Member

Re: Spectrum?

said by hottboiinnc4:

WiMax is here and moving; Where is LTE? The same place WiMax. The Cities only. And woooooo 31 markets too!!! Way to go CellCo!

How can you prove that Sprint is even moving to LTE? They don't have ANY extra spectrum to do this with; It was all turned over to Clear to build that network.

The "we've been told" gets old with Karl and the rest of BBR claiming. Karl and the rest of the "news media" online only has been claiming that their "sources" that the iPhone and the 3G iPad was coming to VZW YEARS ago. Guess what! Still not there! Time to move on and stop spreading the rumors about something that's not going to happen.

Woohoo, they have way more market's in one day than clear had in a year. Wait till next year buddy.
DarnellP
join:2004-10-12
Las Vegas, NV

DarnellP

Member

Re: Spectrum?

smh...locust, do you ever get tired of being wrong?

iLive4Fusion
Premium Member
join:2006-07-13

iLive4Fusion

Premium Member

Re: Spectrum?

said by DarnellP:

smh...locust, do you ever get tired of being wrong?

Do you ever get tired of being wrong? In the market's LTE and WiMax co-exist, LTE has much much better coverage.
DarnellP
join:2004-10-12
Las Vegas, NV

1 edit

DarnellP

Member

Re: Spectrum?

said by iLive4Fusion:

Do you ever get tired of being wrong? In the market's LTE and WiMax co-exist, LTE has much much better coverage.

Always sharp as a marble, locust. Save the spin and backpedaling for someone else. Your initial claim was that VZW in one day had "way more markets" than Clearwire. Ignoring the fact that VZW's LTE network wasn't constructed in "one day", your markets statement was absolutely false. Like I asked, don't you tire of constantly spewing misinformation?

Oh and you've already been to ALL of the markets that LTE and WiMAX coexist and ran comparative tests between the two all over said markets. My, you're quite the busy little bee.

iLive4Fusion
Premium Member
join:2006-07-13

iLive4Fusion

Premium Member

Re: Spectrum?

said by DarnellP:

said by iLive4Fusion:

Do you ever get tired of being wrong? In the market's LTE and WiMax co-exist, LTE has much much better coverage.

Always sharp as a marble, locust. Save the spin and backpedaling for someone else. Your initial claim was that VZW in one day had "way more markets" than Clearwire. Ignoring the fact that VZW's LTE network wasn't constructed in "one day", your markets statement was absolutely false. Like I asked, don't you tire of constantly spewing misinformation?

Oh and you've already been to ALL of the markets that LTE and WiMAX coexist and ran comparative tests between the two ll over said markets. My, you're quite the busy little bee.

Clear has had how many year's with how little coverage? Verizon has been working on LTE deployment for only a year and have already put out a better working product.
DarnellP
join:2004-10-12
Las Vegas, NV

DarnellP

Member

Re: Spectrum?

Spin, spin, spin...

ghgsdfgdf343
@thvilledigital.net

ghgsdfgdf343 to iLive4Fusion

Anon

to iLive4Fusion
Wrong, Verizon has been building out there LTE network for about 2 years...
xenophon
join:2007-09-17

xenophon to iLive4Fusion

Member

to iLive4Fusion
said by iLive4Fusion:

Clear has had how many year's with how little coverage? Verizon has been working on LTE deployment for only a year and have already put out a better working product.

Actually Clear coverage is still slightly larger than VZW though likely not for long. Don't forget VZW costs more and has a 5 or 10GB cap. Clear might throttle heavy users but it's pretty unanimous on this site that throttling is better than a cap.

Having to watch your usage is like having to check your behavior in an Orwellian society with cameras watching your every move, tracking if you misbehave.

mix
join:2002-03-19
Romeo, MI

mix to silbaco

Member

to silbaco
I too thought Sprint gave Clearwire most of their recently acquired spectrum to build their Wimax network.
xenophon
join:2007-09-17

xenophon to silbaco

Member

to silbaco
said by silbaco:

How does Sprint plan to build an LTE network?

I'd suspect Sprint will do LTE on the 800/1900Mhz band, as they ditch iDen. Qualcomm is also apparently working on a way to transition from CDMA to LTE in the same band, so Sprint could eventually (like over 10 years) slowly migrate off CDMA.

It makes sense for Sprint to do LTE in 800/1900 band but Clear should stick to WiMAX in the 2.5Ghz band. There is already global domination in just three WiMAX bands. LTE is already planned for over a dozen bands (global roaming will essentially not exist) so it doesn't make sense to use 2.5Ghz for LTE.

WiMAX has its place. It's weird that people think one needs to 'win'. It's like saying the cable industry should use DSL or the copper telcom companies should use cable modems.

iLive4Fusion
Premium Member
join:2006-07-13

iLive4Fusion

Premium Member

Re: Spectrum?

said by xenophon:

said by silbaco:

How does Sprint plan to build an LTE network?

I'd suspect Sprint will do LTE on the 800/1900Mhz band, as they ditch iDen. Qualcomm is also apparently working on a way to transition from CDMA to LTE in the same band, so Sprint could eventually (like over 10 years) slowly migrate off CDMA.

It makes sense for Sprint to do LTE in 800/1900 band but Clear should stick to WiMAX in the 2.5Ghz band. There is already global domination in just three WiMAX bands. LTE is already planned for over a dozen bands (global roaming will essentially not exist) so it doesn't make sense to use 2.5Ghz for LTE.

WiMAX has its place. It's weird that people think one needs to 'win'. It's like saying the cable industry should use DSL or the copper telcom companies should use cable modems.

You are wrong, as technology mature's so does the number of band's that CAN BE fit into a chipset, right now GSM phone's have how many? 850/1900/900/1800 GSM, 850/1900/2100 UMTS. It's just a matter of time before LTE chipset mature and we will have global roaming.
xenophon
join:2007-09-17

xenophon

Member

Re: Spectrum?

Tell that to the analysts...

»mobilesociety.typepad.co ··· nge.html

Software radios might be a possibility but there will still be antenna challenges as they are designed for certain bands.

old_dawg
"I Know Noting..."
join:2001-09-22
Westminster, MD

old_dawg

Member

What Sprint employees?

Danny Boy got rid of them all except for him, the BOD and CSR's.