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By Dr. Jonathan L. Kramer, on June 11th, 2011% The California Public Utilities Commission will launch an investigation into the pending AT&T/T-Mobile merger.
The Commission, which is now populated by a majority of members appointed by Gov. Jerry Brown, will evaluate whether to propose conditions on the merger. The Commission will be taking public testimony, and moving its review along a fast track which . . . → Read More: CPUC to Review AT&T&T Proposed Merger
By Dr. Jonathan L. Kramer, on March 31st, 2011% Reuters is reporting that AT&T CEO Randall Stephenson believes that his company will have to divest portions of its existing wireless network to secure federal permissions to acquire T-Mobile. Stephenson’s comments were made in New York at a Council on Foreign Relations event held on March 30, 2011
My suspicion is that T-Mobile will be . . . → Read More: AT&T&T Likely to Have to Divest Portions of Networks
By Dr. Jonathan L. Kramer, on March 21st, 2011% It’s no surprise that T-Mobile will soon cease to exist in the U.S. What is a surprise is that AT&T is claiming the prize, rather than the widely-rumored suitor, Sprint/Nextel.
What is more of a surprise is that T-Mobile lasted so long before giving up the ship. T-Mobile has always played a game of the . . . → Read More: AT&T&T?
By Dr. Jonathan L. Kramer, on December 30th, 2010% Clearwire’s CFO will, no doubt, have some important things to say about Clearwire’s UNCLEAR financial future when he presents next week at Citi’s 21st Annual Global Entertainment, Media & Telecommunications Conference. Details below are from Clearwire’s press release. I’ll bet Sprint’s investment and finance people will be very interested in what’s said!
Clearwire to Present . . . → Read More: Clearwire to Present at Citi 21st Annual Global Entertainment, Media & Telecommunications Conference
By Dr. Jonathan L. Kramer, on November 6th, 2010% Clearwire is undergoing a capital squeeze that may leave it unable to continue as an ongoing business. The issues that face the company are clearly set out in its most current SEC 10Q report (dated 11/4/10), which contains this passage:
Liquidity Issues
We are at an early stage of implementing our business strategy. Since formation, . . . → Read More: No Clear Path for Clearwire
By Dr. Jonathan L. Kramer, on September 1st, 2009% In various markets in California, Clearwire (sometimes Clear Wireless LLC) is seeking tower site landlord authorization to add to an existing site. Sometimes the applications or lease amendments are tendered by Sprint (which owns 51% of the legally-separate Clearwire entity), but I’ve also seen other wireless carriers ask permission to sublease their tower space to . . . → Read More: Site Landlords: Does Clearwire or Clear Wireless Want On to Your Site?
By Dr. Jonathan L. Kramer, on February 6th, 2009% OVERLAND PARK, Kan., Feb 06, 2009 (BUSINESS WIRE) — Sprint Nextel Corp. (NYSE:S) will release its financial results for the fourth quarter of 2008 on Thursday, Feb. 19. The results will be posted at www.sprint.com/investors at approximately 7 a.m. EST. Sprint Nextel management will host a conference call at 8 a.m. EST to discuss the . . . → Read More: Sprint Nextel to release 4Q08 Results on 2/19/09
By Dr. Jonathan L. Kramer, on January 6th, 2009% OVERLAND PARK, Kan.–(BUSINESS WIRE)–Jan. 6, 2009–Sprint Nextel Corp. (NYSE: S) will release its financial results for the fourth quarter of 2008 on Friday, Feb. 27. The results will be posted at www.sprint.com/investors at approximately 7 a.m. EST. Sprint Nextel management will host a conference call at 8 a.m. EST to discuss the results, and details . . . → Read More: Sprint Nextel Schedules 4Q08 Earnings Announcement
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