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cletus

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Posts posted by cletus

  1. Sprint and Clearwire Agree to Increased Acquisition Offer

    Increased Offer to $5.00 Per Share Represents Significant Premium to Unaffected Clearwire Trading Price and DISH Network Tender Offer

     

    • Group of Significant Minority Stockholders Agree to Vote in Favor of Sprint Transaction
    • Offer Provides Clearwire Stockholders with Certain and Attractive Value

     

     

    http://www.businesswire.com/news/home/20130620006250/en/Sprint-Clearwire-Agree-Increased-Acquisition-Offer

     

    pwaEOsp.gif

    Agreement to buy 9% more even if the transaction doesn't close AND if the transaction doesn't complete under certain circumstances the standstill provision for November 28th is waived and opens the doors for Sprint ahead of time. 

  2.  

     

     http://dealbook.nytimes.com/2013/06/18/dish-says-it-wont-submit-a-new-offer-for-sprint-ahead-of-deadline/

     
    Dish will not be submitting a new offer. They will not focus on Clearwire's tender offer. 
     
    SB-S have them in a corner. Now time for the knockout round. 

     

    Good news! They can focus on their nonactionable offer for Clearwire all they want. It won't be agreed to without changes that will diminish the influence they can have over Sprint. Sprint does need Clearwire badly in order to succeed though as it has the least spectrum of the 4 carriers without Clearwire and the most with it.

  3. DISH responds to suit

     

    http://dish.client.shareholder.com/releasedetail.cfm?ReleaseID=772179

     

    The "failure to deal fairly" makes me laugh.

    Haha oh wow. "exploit it's majority position.." also got a chuckle from me. What is the POINT of paying for a majority position if not for the extra privileges that go with it? Oh wait, Dish wants those privileges for a minority position that violates the Clearwire agreements, right. 

    • Like 3
  4. I'm not sure that Disney runs it's own network. They have been using Sprint branded phones for quite a while now. If I recall, they sold their frequencies for private networks years ago (during the "smart sourcing" changes they rolled out to the parks to save money) and Sprint/Nextel gave them a really good deal on two way radio service. I think they use IDEN for only security radios these days actually. 

  5. So just got done talking to a Sprint employee and they have confirmed that they are going to allow us to pick any smartphone we want that is compatible with LTE, but we are going to have to pay for activation though. So you can go ahead and get the HTC one or Galaxy S4 if you want. :D

    I won't be moving off of Wimax until forced to or until triband phones come out. LTE coverage in Austin remains spottier than even Wimax.

  6. What are the modifications to the tender offer they are talking about?

    I think it mostly has to do with Dish needed more than 25% voting stock and the expiration of the waiting period under one of the many antitrust acts. On my phone so I can't look.

     

    Anyways, the Clearwire board can recommend offers until it is blue in the face and Sprint can veto anything, period. Maybe Sprint should consider pocketing the money (via Clearwire) provided they can get as many poison pills into the agreement as possible to prevent any possible takeover or gaining above 25% ownership. At least then maybe Clearwire would be able to fund some of it's network rollout.

  7. http://stocktwits.com/Warren_TheOracle_Buffett?utm_campaign=widget&utm_medium=widget&utm_source=investing.money.msn.com

     

     

    Warren_TheOracle_Buffett
    "@AOShttp://stks.co/rF91 SoftBank confirms terms of its 4B$ debt raise. Anyone want to guess where that money is going? $CLWR"

     

    Warren_TheOracle_Buffett
    "@AOS: Some scratch math: the $.43 cent increase to $3.40 cost $S an additional $300M. If SB uses all $4B, the $CLWR bid is $5.73/share." Bullish
  8. Yes, Sprint gets requests but they are specific and not a blanket all data for all users.(Example would be a lost person where police ask for location for that specific person.)  Also, I think only specific requests by POLICE(sworn officers) should be honored.

    Yep. However, what we are talking about is data dumped to the NSA via secret order. FBI and Law enforcement agencies issue requests usually with judge approval for this information and usually for specific information. NSA comes by and says "uh, we will take everything you got on everybody oh and you can't tell anyone" For all we know, due to the secret nature of the order, Verizon could have been doing this on a continual 30 day period for a long time.

  9. The Galaxy S4 Active supports the following:

    GSM 850/900/1800/1900

    UMTS 850/900/1900/2100 (bands V, VIII, II, I)

    LTE 800/850/900/1800/2100/2600 (band classes 20, 5, 8, 3, 1, 7)

     

    The AT&T model swaps UMTS 900 (Band VIII) and the LTE band set for:

    LTE 700/850/AWS/1900/2100 (band classes 17, 5, 4, 2, 1)

     

    So, no. This device is useless with Sprint, since it doesn't even operate a UMTS-1900 (band II) network or a LTE band 2 network, much less an LTE band 7 one.

     

    Also of note: if a device supports both 2500 and 2600, then it supports bands 38 and 7, not bands 41 and 7 (normally). At this moment, there are no parts that support BC 7, 38, and 41 simultaneously. Band 7 and 38 can be supported, or Band 41 can be supported.

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    • Like 5
  10. Now if only they could figure out how to cover the interstate and other major areas, like places even Sprint figured out how to cover 10+ years ago, then they would have it made.

    Yes. This is actually a big problem in Austin. T-Mobile is rolling out LTE here and the speed is fantastic but many places that were unpopulated 10 years ago are down to edge here. I actually borrowed a friends phone for a day to test it on the way to some of my work stops that I make during the week and couldn't stick with it. Particularly north of Austin in the leander/cedar park area and anything S of slaughter. Whereas my Sprint coverage does drop to 3g but it remains usable.

  11. You seem to value competition.  But in the mobile space, Apple is trying to squelch competition or litigate it into submission.  What do you think of that?

     

    I miss the mobile industry before the iPhone.  Too many Joe Blows who do not need smartphones have them now because of the paradigm shift brought on by the iPhone, and that has caused lots of problems for wireless networks.

     

    AJ

    On the other hand, Apple has a duty to protect the patents it owns by litigating against people who imitate it and refuse to pay a license fee. I'm not saying it is right as I feel many of these patents should not have been granted but it is the reality of the patent system. 

    • Like 1
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