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Rumors abounding that Sprint and Clearwire very close to deal

S4GRU

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by Robert Herron
Sprint 4G Rollout Updates
Wednesday, November 30, 2011 - 5:14 PM MST

 

The tech and financial world are abuzz today about new rumors that Sprint and Clearwire are close to a new deal. Confidential sources are saying that they may even be close enough to preliminarily announce a deal by Thursday. As those of you who are following this closely know, Thursday is the due date of Clearwire’s jumbo $237 Million payment that they have threatened to default on. Though, technically, there is a 30 day grace period.

However, I remain somewhat skeptical of a quick and hasty announcement tomorrow, as there are many details yet to be worked out. Also, there is no need to be hasty, given the grace period involved. Additionally, all the rumors appear to be coming from inside the Clearwire camp, and not the Sprint side. These leaks could be a means to pressure Sprint to finalize a deal.

Shockingly, both Sprint and Clearwire have declined to comment.

 

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So is the speculation that Sprint will just buy them out?

 

This is from November 30th of last year. :)

 

Robert

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