News Breaks |
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| December 19, 2012 |
| 16:05 EDT |  | SBAC, S, CLWR | SBA Communications gives info related to potential Sprint, Clearwire combination
SBA Communications (SBAC) released certain information in light of Sprint's (S) contemplated acquisition of 100% ownership of Clearwire (CLWR). As of December 19, Sprint and Clearwire represent approximately 27% and 3%, respectively, of SBA's annualized site leasing revenue, SBA stated. SBA had separate leases for antenna space with Sprint and Clearwire on the same tower on approximately 750 of the company's more than 16,500 currently owned tower sites. The revenue generated from Clearwire on these sites represents approximately 1.5% of SBA's annualized site leasing revenue. The average remaining current term associated with these leases is eight years for Sprint and two years for Clearwire, SBA said. |
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News For SBAC;S;CLWR From The Last 14 Days Check below for free stories on SBAC;S;CLWR the last two weeks. |
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| May 17, 2013 |
| 11:01 EDT | | S | U.S. Cellular declares $5.75 per share special dividend
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| 07:46 EDT |  | CLWR, S | Clearwire investors to force Sprint to up bid, Reuters reports
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| 06:49 EDT |  | SBAC | SBA Communications initiated with an Overweight at Barclays
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| May 16, 2013 |
| 19:11 EDT | | S | Dish sends letter to FCC over SoftBank, Sprint deal, Reuters says
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| May 15, 2013 |
| 17:36 EDT | | S | Paulson gives quarterly update on stakes
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| 07:35 EDT |  | SBAC | JPMorgan to host a conference
41st Annual Global Technology, Media & Telecom Conference is being held in Boston on May 14-16 with webcasted company presentations to begin on May 15 at 8 am; not all company presentations may be webcasted. Webcast Link |
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| May 14, 2013 |
| 09:44 EDT | | S | Sprint says will launch BlackBerry Q10 in U.S. in late Summer
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| 08:31 EDT | | S | DISH announces $2.5B debt offering, to be used to partially fund Sprint bid
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| 05:44 EDT | | S | Banks work deals from both sides of the field, WSJ reports
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| May 13, 2013 |
| 09:50 EDT | | S, CLWR | Clearwire sends letter urging stockholders to vote 'for' proposed Sprint transaction
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| 08:24 EDT | | S | Softbank pressuring potential Dish investment banks, FT reports
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| May 11, 2013 |
| 13:39 EDT | | S | Softbank says Dish-Sprint deal poor match, Bloomberg reports
The CEO of SoftBank (SFTBF) Masayoshi Son criticized the concept of Dish Network's (DISH) offer to buy Sprint Nextel (S), saying the satellite company would be a poor fit for a wireless carrier, while the synergies of a SoftBank-Sprint deal will result in significant cost savings. Reference Link |
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| May 10, 2013 |
| 17:16 EDT | | S, CLWR | Crest Financial takes first step to perfect appraisal rights of Clearwire shares
Crest Financial Limited, the largest of the independent, minority stockholders of Clearwire (CLWR), has told its brokerage firms to take all necessary steps to perfect Crest's rights under Section 262 of the Delaware General Corporation Law to seek appraisal for the common stock of Clearwire that it beneficially owns. The Delaware law permits Clearwire shareholders electing to exercise their appraisal rights to ask the Delaware Court of Chancery to determine the fair value of their Clearwire common stock if the Sprint (S)-Clearwire merger is consummated and certain other conditions are satisfied. The law states that a Clearwire stockholder that votes FOR the Sprint-Clearwire merger cannot elect to exercise its appraisal rights. Crest has long argued that the price Sprint Nextel is offering to pay Clearwire stockholders for their shares is highly inadequate, that the merger was structured in a way that unfairly disadvantages minority stockholders and that Clearwire would be better off if it remained a stand-alone company. Crest also commended Glass, Lewis & Co., a leading proxy advisory firm, for its recommendation urging that Clearwire stockholders vote against the proposed merger with Sprint. Crest said is strongly disagreed with the view of ISS that the Sprint-Clearwire merger should succeed. |
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| 12:17 EDT | | S, CLWR | ISS recommends Clearwire holders vote 'FOR' proposed transaction with Sprint
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| 09:23 EDT | | CLWR, S | Sprint says ISS recommends Clearwire shareholders vote in favor of merger
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| 07:09 EDT | | S | Dish gets Jefferies Group financing in Sprint bid, Bloomberg reports
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| 07:08 EDT | | S | ESPN considers subsidizing wireless data plans, WSJ reports
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| 06:10 EDT | | S | On the Fly: Periodicals Wrap-Up
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| May 9, 2013 |
| 18:12 EDT | | CLWR, S | Softbank CEO says Sprint takeover to offer pricing advantage, WSJ reports
In an interview with The Wall Street Journal, Softbank (SFTBF) CEO Masayoshi Son said the proposed takeover of Sprint (S) will allow the combined company to bring a pricing advantage to the U.S. wireless market. The report also says Son has assured regulators networking equipment from Huawei Technologies would be removed from Clearwire's (CLWR) network as a condition for getting approval. Reference Link |
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| 15:09 EDT | | CLWR, S | Softbank CEO says Sprint wouldn't allow Clearwire bankruptcy filing, DJ reports
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