Charlie Ergen’s Dish Network has been playing two games at once with Sprint Nextel: a bidding war with SoftBank for the entire company, while also attempting to acquire Sprint’s stake in spectrum-holder Clearwire. Missing today’s Sprint-imposed deadline to counter SoftBank doesn’t mean Dish can’t still bid on the No. 2 mobile services provider, but the company says it will “focus our efforts and resources on completing the Clearwire tender offer.” Dish has offered $4.40 a share for Sprint’s Clearwire stake as the satellite provider seeks to amass spectrum rights to launch its own wireless broadband network.
Dish Focus On Clearwire After Deadline Passes On Sprint Counteroffer
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