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Last updated on April 19, 2014 at 17:21 EDT

Latest Clearwire Stories

2013-05-29 12:30:23

HOUSTON, May 29, 2013 /PRNewswire-USNewswire/ -- Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (NASDAQ: CLWR), yesterday sent a letter to the Federal Communications Commission urging the Commission to investigate the "gun-jumping" implications of SoftBank's and Sprint's "apparent indifference to the Commission's public interest inquiry." Although the FCC's review is ongoing and SoftBank is in a bidding war with DISH Network for control...

2013-05-28 20:23:35

HOUSTON, May 28, 2013 /PRNewswire/ -- Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (NASDAQ: CLWR), today commended the proxy advisory firm Glass Lewis & Co. for recommending a vote against the proposed merger of Clearwire and Sprint Nextel Corporation. David Schumacher, general counsel of Crest, said: "Glass Lewis's independent analysis and expert opinion confirm our view that Sprint is continuing to divert value away from...

2013-05-28 08:31:53

Sends letter to Clearwire stockholders urging them to reject Sprint's new offer and preserve rights to seek an appraisal under Delaware law HOUSTON, May 28, 2013 /PRNewswire/ -- Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (NASDAQ: CLWR), today urged Clearwire's "true minority stockholders" to oppose Sprint's new offer and to take the steps necessary to preserve their rights. In a letter to stockholders, David K. Schumacher,...

2013-05-24 23:26:06

Softbank approval is more difficult due to Chinese security concerns. Technology Industry Analyst Jeff Kagan is available to speak with reporters, or may be quoted through this release. Atlanta, GA (PRWEB) May 23, 2013 Softbank is trying to acquire Sprint Nextel. Softbank is a Japanese company. US regulators are worried about any Softbank security concerns with China. Softbank is trying to make this deal acceptable to US regulators, so says this CNET piece from May 22, 2013. Tech analyst...

2013-05-24 23:02:23

What will DISH Network become next? Technology Industry Analyst Jeff Kagan is available to speak with reporters, or may be quoted through this release. Atlanta, GA (PRWEB) May 24, 2013 Charlie Ergen, Chairman of DISH Network, wants to acquire Lightsquared wireless spectrum according to Bloomberg on May 21, 2013. Principal analyst Jeff Kagan offers comment on this story. “Lightsquared was a great idea. It was going to solve a growing problem of limited wireless spectrum for large and...

2013-05-23 20:22:24

HOUSTON, May 23, 2013 /PRNewswire/ -- Crest Financial Limited, the largest independent minority shareholder of Clearwire Corporation (NASDAQ: CLWR) with approximately 8.25% of the Class A common stock of Clearwire, today filed a supplement to its definitive proxy statement with the Securities and Exchange Commission. Crest continues to urge Clearwire stockholders to reject the proposed merger with Sprint Nextel Corporation. Crest reiterated that it opposes the Sprint-Clearwire merger because...

2013-05-21 16:28:55

Sends letters to Clearwire Board and stockholders urging them to reject Sprint's new offer and pursue a direct, competitive bidding process for Clearwire HOUSTON, May 21, 2013 /PRNewswire/ -- Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (NASDAQ: CLWR), protested today's decision of the Clearwire Board of Directors to adjourn the Clearwire special meeting to consider Sprint's increased offer price of $3.40 per share....

2013-05-20 08:30:34

HOUSTON, May 20, 2013 /PRNewswire-USNewswire/ -- Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (NASDAQ: CLWR), sent separate letters today to Clearwire stockholders and John W. Stanton, Chairman of the Clearwire Board, emphasizing that the contest for control of Sprint should be resolved before any definitive action on Clearwire. The focus of the stockholders' attention should not be on what happens at the Clearwire special meeting on...

2013-05-17 16:26:24

Urges Clearwire Stockholders to Vote Against Sprint-Clearwire Combination HOUSTON, May 17, 2013 /PRNewswire-USNewswire/ -- Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (NASDAQ: CLWR), sent a letter to Clearwire stockholders today explaining the many ways that Clearwire could improve its financial position if they reject the proposed merger with Sprint Nextel Corporation. Specifically, the letter explains that "there are several...

2013-05-16 12:33:31

New Letter Highlights Scheme by Sprint to Capture Clearwire Value HOUSTON, May 16, 2013 /PRNewswire/ -- Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (NASDAQ: CLWR), yesterday sent a letter to Clearwire stockholders detailing why it is asking Clearwire stockholders to reject the proposed merger with Sprint Nextel Corporation. The letter reiterates Crest's belief that Clearwire and its trove of spectrum is "the ultimate prize...