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Wireless

FCC close to decision for proposed Sprint, Clearwire deal

Friday 28 June 2013 | 16:00 CET | News
US regulators do not plan to ask Sprint Nextel or Clearwire to sell any spectrum as they grow closer to a vote on Sprint's proposed buyout of Clearwire, two sources familiar with the matter said on 27 June 2013, according to Reuters. The Federal Communications Commission is examining Sprint's proposed buyout of the shares it does not already own in Clearwire in the same review process as the USD 21.6 billion bid from Japan's SoftBank to buy 78 percent of Sprint. The FCC on 27 June indicated it was close to making its call on the deals as acting Chairwoman Mignon Clyburn said she has

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Categories: Mobile & Wireless
Companies: Clearwire / FCC / Softbank / Sprint / Sprint Nextel
Countries: United States
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