Dish to Sprint: Stop whining and get out of the way of our Clearwire deal

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Dish Network called the lawsuit Sprint filed against Dish a “transparent attempt” to distract shareholders from its own failed bid for Clearwire.

Dish said it has offered a fair price for the WiMAX operator and accused Sprint of trying to use its majority ownership position to block shareholders from accepting the offer. The irony of this situation is that Clearwire a year ago was a failing company with outdated WiMAX technology and neglected by its owners. Today it is the acquisition target of two of the biggest companies in the communications industry. Sprint already owns the biggest stake in Clearwire, but wants to consolidate its ownership before its pending acquisition by SoftBank. Dish wants to become a wireless carrier and needs Clearwire to break into the mobile industry.


Dish to Sprint: Stop whining and get out of the way of our Clearwire deal