Clearwire-DISH: ‘Another Nail In the Coffin’

Clearwire, the Bellevue, Wash.-based broadband provider, says it will accept $80 million in financing from Sprint in April, agreed upon as terms of Sprint’s offer to buy the remaining half of Clearwire that it doesn’t already own.

Sprint Might Use Debt Offering to Fund Clearwire

Sprint announced plans to use the funds from the public offering for “general corporate purposes” that may include redeeming outstanding debt, expanding and modernizing its network and funding Clearwire and its subsidiary, Clearwire Communications LLC.

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