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Latest Clearwire Stories

2012-12-18 20:23:29

HOUSTON, Dec. 18, 2012 /PRNewswire/ -- Crest Financial Limited, its affiliates and other related persons today filed an amended Schedule 13D with the Securities and Exchange Commission disclosing that they have acquired additional shares of Clearwire Corporation. The Crest group now owns 57,653,419 shares, or approximately 8.34 percent of Clearwire's outstanding Class A stock, up from the 45,801,898 Class A shares of Clearwire, or approximately 6.62 percent of Clearwire's...

Clearwire Sells to Sprint
2012-12-17 21:47:27

Peter Suciu for redOrbit.com — Your Universe Online While Sprint Nextel continues to trail Verizon and AT&T, the nation´s third largest mobile carrier made a major power play on Monday. Clearwire Corp. agreed to sell roughly half of the company for $2.2 billion to mobile phone carrier Sprint Nextel Corp. This move gives Sprint full ownership of spectrum and allows it to offer high-speed wireless services known as the Long-Term Evolution (LTE) network. This technology is...

2012-12-17 08:27:43

HOUSTON, Dec. 17, 2012 /PRNewswire-USNewswire/ -- Crest Financial Limited Friday amended its previously filed complaint against Sprint and Clearwire in the Court of Chancery in Delaware to make the lawsuit into a class action and to ask the court to block as unfair the proposed merger between Sprint and Clearwire. Crest's amended complaint was filed because of the announcement, made after Crest's original complaint was filed, that Sprint has proposed to acquire all of the Clearwire shares...

2012-12-14 08:27:10

VANCOUVER, British Columbia, Dec. 14, 2012 /PRNewswire/ -- Insiderslab.com has issued insider trading reports and equity research for the following companies: Clearwire (NASDAQ:CLWR), Broadcom (NASDAQ:BRCM), Yahoo! (NASDAQ:YHOO), Chesapeake Energy (NYSE:CHK), National-Oilwell Varco (NYSE:NOV), and Arch Coal (NYSE:ACI). (Logo: http://photos.prnewswire.com/prnh/20100419/HKM001LOGO ) (Read full report by clicking the link below. You may need to copy and paste the full link to your browser.)...

2012-12-13 16:25:44

HOUSTON, Dec. 13, 2012 /PRNewswire-USNewswire/ -- The following is a statement by Crest Financial Limited about Sprint's Offer to Buy Clearwire Corporation: The $2.90 per share offer by Sprint for Clearwire today is the capstone in Sprint's ongoing effort to interfere with Clearwire's ability to operate as an independent company, to thwart the planned development of Clearwire's network, and to take Clearwire's valuable high-speed broadband spectrum for itself to the detriment of Clearwire's...

2012-12-12 20:23:20

Lawsuit Alleges Scheme to Oppress Minority Shareholders WILMINGTON, Del., Dec. 12, 2012 /PRNewswire-USNewswire/ -- Crest Financial Limited, a Texas-based investment company and a substantial minority shareholder in Clearwire Corporation, today filed a complaint in the Court of Chancery here against Sprint Nextel Corporation, Sprint Holdco LLC, Eagle River Investments LLC, Clearwire and the members of the board of directors of Clearwire. The lawsuit alleges that Clearwire abetted and the...

FreedomPop Offers Free And Low Cost Home Broadband Internet
2012-12-12 17:22:19

Enid Burns for redOrbit.com — Your Universe Online Cable providers often say they are feeling the pressure from consumers who increasingly find alternative methods, such as Internet content providers, to watch TV. Now the same cable and telecoms can make similar claims about the Internet. FreedomPop, a hardware start-up, is offering a high-speed internet modem that will provide internet for free, or at low cost for high-volume users. FreedomPop is offering its Hub Burst home...

2012-12-12 08:32:18

VANCOUVER, British Columbia, Dec. 12, 2012 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports and equity research for the following companies: Intel (NASDAQ:INTC), Morgan Stanley (NYSE:MS), Clearwire (NASDAQ:CLWR), Molycorp (NYSE:MCP), Dollar Tree (NASDAQ:DLTR), and Vale SA (NYSE:VALE). (Logo: http://photos.prnewswire.com/prnh/20121030/HK02457LOGO ) (Read full report by clicking the link below, you may need to copy and paste the full link to your...

2012-11-13 08:41:39

SAN FRANCISCO, Nov. 13, 2012 /PRNewswire/ -- Today Telespree Communications, a leading enabler of cloud-based wireless data services for carriers, retailers, MVNOs, and wholesale providers, announced an agreement to provide real-time 4G data usage monitoring services to Clearwire Corporation, a leading provider of 4G mobile broadband services in the U.S. Clearwire will leverage Telespree's on-device service enablement, active session monitoring, real-time charging, and proactive...

2012-11-07 00:21:38

HOUSTON, Nov. 6, 2012 /PRNewswire-USNewswire/ -- Today, Crest Financial Limited, an investment firm based in Houston, sent a letter to Mount Kellett Capital Management LP regarding issues related to the rights and economic position of the minority shareholders of Clearwire Corporation (NASDAQ: CLWR) in light of Clearwire's relationship with Sprint Nextel Corporation (NYSE: S) and Clearwire's liquidity issues related to the Clearwire's build-out program. The text of the letter is as...