Wireless

Sprint Sues To Block Dish/Clearwire Tender

Says Tender Offer Violates Existing Agreements
By: Mike Farrell Jun 18 2013 - 10:53am
Says Tender Offer Violates Existing Agreements

The ongoing three-way battle between Dish Network, Sprint Nextel and Clearwire was raised a notch on Tuesday, after Sprint sued Dish Network in Delaware Chancery Court, claiming the satellite giant’s tender offer proposal for Clearwire violates its existing agreements with the phone conglomerate.

Sprint Raises Clearwire Offer

Wireless Giant Increases Bid to $3.40 Per Share
By: Mike Farrell May 21 2013 - 11:42am
Wireless Giant Increases Bid to $3.40 Per Share

Sprint Nextel raised its offer for the 50% of Clearwire it doesn’t already own to $3.40 per share Tuesday, prompting the Wi-Max pioneer to postpone a scheduled shareholders meeting to review the new proposal.

The new Sprint price is 10 cents above a competing offer from Dish Network that was made in January.   Dish, which is also pursuing an acquisition of Sprint Nextel for $25.5 billion, has largely been thought to have abandoned the chase for Clearwire.

Dish, Sprint Begin Due Diligence

Wireless Carrier Gets Waiver From Softbank
By: Mike Farrell May 21 2013 - 12:26am
Wireless Carrier Gets Waiver From Softbank

Dish Network’s month-long attempt to acquire Sprint Nextel moved a step forward Monday after the wireless giant said it had received a waiver of various provisions in its merger agreement with Softbank that would allow it to conduct due diligence discussions with the satellite TV service provider.

Sprint Forms Special Committee to Eye Dish Proposal

Committee to See If Dish Offer Superior to SoftBank
By: Mike Farrell Apr 22 2013 - 4:01pm
Committee to See If Dish Offer Superior to SoftBank

Sprint said Monday that it has formed a special committee of independent directors to evaluate Dish Network’s unsolicited $25.5 billion offer to acquire the wireless giant.

Dish Stock Rises on T-Mobile Speculation

Report Says Satellite Giant Approached Deutsche-Telekom
By: Mike Farrel Apr 12 2013 - 5:06pm
Report Says Satellite Giant Approached Deutsche-Telekom

 

Dish Network stock rose more than 3% ($1.21) Friday after a report said the satellite giant had approached T-Mobile USA parent Deutsche Telekom about a possible merger with the wireless carrier.

Dish to Raise $2.3B For Possible Spectrum Purchases

Amount is Double What Satellite Giant Originally Planned
By: Mike Farrell Apr 3 2013 - 1:27pm
Amount is Double What Satellite Giant Originally Planned

Dish Network said Wednesday that it will raise about $2.3 billion in debt that could be used for wireless spectrum purchases.

 In a statement the satellite giant said it had priced $1.1 billion in 5.125% senior notes due 2020 and another $1.2  billion in 4.25% senior notes due in 2018. Proceeds would be used for general corporate purposes, "which may include wireless and spectrum-related transactions," Dish said in a statement. The offering is expected to close on April 5.

CableLabs Licenses Wi-Fi Hotspot Finder for MSOs

Inks Deal with mPortal to Distribute Software, Co-Developed with Cablevision and Other Operators
By: Todd Spangler Mar 12 2013 - 5:04pm
Inks Deal with mPortal to Distribute Software, Co-Developed with Cablevision and Other Operators

CableLabs has licensed Wi-Fi application software designed to point users to the best possible hotspot -- co-developed with Cablevision Systems and other MSOs -- to mobile apps developer mPortal for further distribution to the cable industry.

The application measures the quality of the connection that subscribers have on cable Wi-Fi networks and helps operators direct their customers to the optimal locations to connect.

Wi-Fi Alliance Brings WiGig Into the Fold

Groups Unify Development of Wireless Standard in the 60 GHz Band
By: Todd Spangler Mar 5 2013 - 11:57am
Groups Unify Development of Wireless Standard in the 60 GHz Band

The Wi-Fi Alliance and the Wireless Gigabit (WiGig) Alliance have finalized their agreement to consolidate WiGig technology and certification development in Wi-Fi Alliance, the groups announced Tuesday.

The groups, which have been collaborating for two years, announced a memorandum of understanding in December 2012 to unify their development of a wireless standard in the 60 GHz band.

CES: Verizon's McAdam Sees Broadcast Video over LTE in 2014

Telco Announces $10 Million 'Powerful Answers Award' Competition
By: Todd Spangler Jan 8 2013 - 10:04pm
Telco Announces $10 Million 'Powerful Answers Award' Competition

Las Vegas -- Verizon Communications chairman and CEO Lowell McAdam said the company is working on a technology to broadcast live TV over Verizon Wireless’ 4G Long Term Evolution network -- a development he hopes to see as early as next year.

McAdam discussed the project in a keynote address here at the 2013 International CES that was devoid of major product announcements or demonstrations.

Dish Launches Clearwire Bid

Satellite Giant’s $3.30 Per Share Offer Could Trump Sprint
By: Mike Farrell Jan 8 2013 - 7:22pm
Satellite Giant’s $3.30 Per Share Offer Could Trump Sprint

Dish Network launched a surprise bid for Clearwire late Tuesday, offering more than $5 billion for the troubled WiMax pioneer and potentially setting the stage for a battle for control with its largest shareholder Sprint Nextel.

In a brief statement Tuesday, Dish said that it had approached Clearwire and made an offer of $3.30 per share for its outstanding stock, a bid that would appear to far outpace the $2.97 per share that Sprint-Nextel agreed to pay for the remaining shares it does not already own in the WiMax pioneer.

Syndicate content