Dish rumored to have bought $400 million in clearwire debt!

[s0nic_201]

http://engt.co/TniZAb Sourced from Endgadget

We're not in the habit of entering the dry world of corporate debt notes, but Sprint's latest financial release might disguise a juicy bit of news. There's a rumor in the business press that Dish Network might have bought around $400 million of Clearwire's debt -- helping relieve the pressure on Sprint, which has been keeping its subsidiary alive on handouts. Unsurprisingly, no-one's commenting on the rumors, although Dish CEO Joseph Clayton did say he was open to a partnership (or acquisition) with Sprint / Clearwire late last year. If true, it could signal that it's getting ready for a fight against AT&T -- or maybe it just wanted to throw Dan Hesse a bone.

 

[bearballz72]

Interesting....


Dish mum on Clearwire investment rumors | News | CED Magazine - Communications, Engineering and Design Magazine

" Clearwire holds a considerable 160 MHz of spectrum in the 2.6 GHz band in the country's top 100 markets and could be a valuable partner to Dish Network as it prepares to embark on the construction of an LTE network. Clearwire currently operates a WiMAX network and is building a TD-LTE network it plans to sell to other operators looking to supplement capacity. Sprint and Leap Wireless International have already signed up for the wholesale LTE service."