Sprint In Talks to Buy Rest of Clearwire

Photo courtesy of Kansas City Business Journal

Sprint Nextel Corp. reportedly is in active negotiations with Clearwire Corp. to pick up the remainder of the company, CNBC reports.

As Clearwire’s largest shareholder, Sprint increased its stake in the company from 48 percent to 50.8 percent in October, soon after Japanese suitor SoftBank Corp. announced a pending merger with Sprint (NYSE: S).

Sprint executives have been tight-lipped on the Overland Park-based wireless carrier’s future relationship with Clearwire, given the incoming SoftBank union.

Read more on Kansas City Business Journal.


Tags:, , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students