Sprint Nextel’s proposed purchase of the remaining 49...
Sprint Nextel’s proposed purchase of the remaining 49 percent of Clearwire it doesn’t already own has “some degree of strategic importance to SoftBank,” which wants to buy 70 percent ownership of Sprint, Standard & Poor’s said Monday. Clearwire is building…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
a TD-LTE wireless network in the 2.5 GHz band, which is compatible with SoftBank’s own TD-LTE network in Japan, Standard & Poor’s said. “We believe Clearwire’s large spectrum position in frequencies similar to that of Softbank’s will have some potential value for Softbank in equipment and technology development,” Standard & Poor’s said. “Additionally, a Sprint-Clearwire combination could help improve the ecosystem for wireless devices on a TD-LTE network, potentially reducing related handset costs for Softbank.” Standard & Poor’s said it will continue to monitor Sprint’s bid for Clearwire, as well as a competing bid by Dish Network (http://bit.ly/16JjJ7C).