Sprint Offers Clearwire $2.1 Billion To Become Truly Part Of The Sprint Family

 

We already know that Sprint & Clearwire has quite the relationship, but Sprint fully intends from not just owning some of Clearwire, but it wants to acquire what’s left of the available Clearwire share. Reuters reports that Sprint (by way of Softbank) wants full control of Clearwire’s network and subsequent spectrum by making a full $2.1 billion offer. If the deal is approved (and all indications point to its approval), the entire value of Clearwire would be worth somewhere in the area of $4.2 billion— though we won’t see the deal formally approved until at least sometime in the March or April of the upcoming year.

Talk about Sprint wanting to put a ring on it. Sheesh.We’ll be on the lookout for any further developments on this big news.

source: Reuters

» See more articles by Roy Alugbue