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bucdenny

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Posts posted by bucdenny

  1. Most important

     

    Sprint has received commitments from a group of significant Clearwire stockholders, including Mount Kellett Capital Management LP, Glenview Capital Management LLC, Chesapeake Partners Management Co., Inc. and Highside Capital Management LP, which collectively own approximately 9 percent of Clearwire’s voting shares, to vote their shares in support of the transaction. These stockholders have also agreed to sell their shares to Sprint in the event the transaction does not close.

    • Like 3
  2. 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.businessw...quisition-Offer

    • Like 2
  3. 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

    • Like 10
  4. I highly recommend looking through Sprint's formal complaint. There are some seriously awesome quotes in there. "There is nothing at the end of Dish's rainbow" sticks out  :lol: . Also, there's a lot of really interesting info in it that I don't think we knew before. 

     

    The fact that Clearwire has been in talks with Dish many times prior to Sprint merger agreement. How can the board recommend such an offer from Dish?  Now that Clearwire is being sued, what can happen next?

  5. Hi Marv,

     

    It looks like AT&T is providing the landline service to the tower, hence the "no dig" warning.

     

     

     

    Have fun!

    John

    AT&T providing most of the backhaul for San Diego market. Cox cannot provide the T1s or comparable fiber pricing's. We just got a quote yesterday from AT&T

    50/50Mbps fiber for $1300. I think Sprint getting their 100Mbps fiber for around $2000. No way Cox can beat or match that pricing. Only downside is AT&T takes 6 months to 1 year to deliver. Fastest we have seen fiber deliveries is 3.5 months.

  6. Hi Marv,

     

    It looks like AT&T is providing the landline service to the tower, hence the "no dig" warning.

     

     

     

    Have fun!

    John

    AT&T providing most of the backhaul for San Diego market. Cox cannot provide the T1s or comparable fiber pricing's. We just got a quote yesterday from AT&T

    50/50Mbps fiber for $1300. I think Sprint getting their 100Mbps fiber for around $2000. No way Cox can beat or match that pricing. Only downside is AT&T takes 6 months to 1 year to deliver. Fastest we have seen fiber deliveries is 3.5 months.

  7. Of course Dish complains again to the FCC.

     

    http://www.kansascity.com/2013/06/13/4290784/dish-complains-to-federal-regulators.html

     

    Dish, in its letter, said the $8 billion was key to SoftBank’s argument that its deal is in the public’s interest, for example by improving wireless service from Sprint.

    “SoftBank has now gone back on its promise,” the letter said.

     

    SoftBank fired back with its own letter to the FCC that said Dish is “simply wrong.”

  8. Sprint and SoftBank Amend Merger Agreement to Deliver Greater Value to Sprint Stockholders

     

    Under the amended Merger Agreement, SoftBank will deliver an additional $4.5 billion of cash to Sprint stockholders at closing, bringing the total cash consideration available to Sprint stockholders to $16.64 billion.

     

    • The price at which SoftBank will acquire shares from current Sprint shareholders will be increased from $7.30 per share to $7.65 per share, a 52% premium to the unaffected trading price prior to announcement in October 2012. 

     

    LINK:  http://www.businesswire.com/news/home/20130610006626/en/Sprint-SoftBank-Amend-Merger-Agreement-Deliver-Greater

     

    http://investors.sprint.com/file.aspx?IID=4057219&FID=17389040

     

    Sprint also announced today that its Special Committee and Board of Directors have unanimously determined that the proposal submitted by DISH Network Corporation (“DISH”) on April 15, 2013 is not reasonably likely to lead to a “superior offer” under the Merger Agreement. Sprint has engaged with DISH since April 15 and, after receiving waivers from SoftBank under the Merger Agreement, allowed DISH due diligence to commence on May 21. Despite the Special Committee’s diligence, DISH has not put forward an actionable offer. As a consequence of the lack of progress with DISH and the improved terms from SoftBank, the Special Committee ended its discussions with DISH and will request that DISH destroy all of the Sprint confidential information made available in the course of its diligence.

    • Like 18
  9. No sure what this means for the future, but SoftBank is tapping the Japanese savings market again for more low rate debt.  SoftBank is raising another $4.2 billion of cash through bond offerings.  Might just be refinancing debt or could be strengthening the cash reserves for the Sprint/Clearwire deals.

     

    http://www.bloomberg.com/news/2013-06-07/billionaire-son-taps-mrs-watanabe-for-sprint-bid-japan-credit.html?cmpid=yhoo

     

    I think they will increase their bid $26 billion last second.  :o

    • Like 2
  10. Nope. Back to NV reporting. Slackers! Get me some pictures of Alcatel-Lucent base stations and of the no 800 rru setup so i can add better pictures to my thread!

     

    I will have very nice ones very soon.  I have full access to site in San Diego that is in progress.  Currently awaiting AT&T fiber.  We provide IT services for the clients throughout the building at that site   :tu:

     

    I will make sure I get some snap shots of everything!

  11. $1500 was price for 50Mbps/50Mbps we recently installed for a client.  I would assume Sprint would start out with at least 50Mbps/50Mbps for their cell sites.  I don't know the exact details but I will ask when AT&T installs their equipment for one site that we know of that is in progress.  Maybe they will tell me 500Mbps.  :tu:  Who knows.  Maybe Robert knows.

     

    AT&T has their wholesale services which would fall in the category for Sprint.  http://www.business.att.com/wholesale/Service/data-networking-wholesale/metro-services-wholesale/sonet-wholesale/

     

    I know they can deliver 1Gbps or 10Gbps if needed.  

  12. I'm surprised that Sprint would use AT&T for its internet services to the tower. I would've thought Sprint in this instance would use Time Warner Cable/Cox for those services, unless Sprint got a better deal from AT&T. Then again I'm surprised AT&T would let Sprint buy their service since AT&T has their own wireless division. I guess the only reason why AT&T would sell their internet services, is due to some sort of government regulation where they have to sell their products to competitors.

    Sent from my SPH-L710 using Tapatalk 2

     

    We have seen 50Mbps/50Mbps fiber from AT&T for $1500 3 year contract.  I am pretty sure others are not as competitive.  Cox in San Diego utilizes AT&T fiber also.  I don't know who can beat that price?

     

    Time Warner is north of the 8 and south bay.  AT&T is citywide with all the fiber  :td:

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