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Sprint now has 58.1% majority share in Clearwire


blkmiles
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I've been trying to keep up on the news today but it looks like something big may be going down involving Sprint and Clearwire.

 

Google has filed papers with the SEC to sell it's stake in clearwire. Sprint and the other remaining partners have right of first refusal. I just posted this:

 

http://s4gru.com/index.php?/topic/260-google-is-giving-up-on-clearwire/

 

Also, Sprint did just make another $350 million equity investment in Clearwire in January as part of their new agreement. I'm sure that helped boost their economic stake. I believe Sprint still has <50% voting rights.

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