Got email marketing? We've got best practices from LivingSocial and estate sale guru Everything But The House in our next Insight webinar
The battle for wireless spectrum in the U.S. is getting more intense — and more confusing.
The latest company to complicate the situation is Verizon, which is looking to lease Clearwire’s spectrum for $1.5 billion, as the Wall Street Journal reports. With the move, Verizon would be given a sizable chunk of airwaves to use as it builds out its LTE network.
Clearwire, of course, is already in the middle of a fiery acquisition battle between Dish and Sprint. In the latest update, Sprint gave Clearwire $80 million in an effort to outbid Dish, which had offered $5.5 billion for Clearwire in January.
As if that wasn’t already complicated enough, Dish is now offering to $25.5 billion to buy Sprint, which could derail Sprint’s previous deal to sell a majority stake of itself to Japanese company Softbank.
So, here’s the recap:
- Verizon wants to lease spectrum from Clearwire, but both Dish and Sprint want to acquire Clearwire.
- Caught in the middle of acquiring and being acquired, Sprint is being courted by both Softbank and Dish, which is doing all it can to buy a wireless network rather than build one.
- Everyone has gone just about crazy for wireless spectrum.
Photo: Flickr/Eric Hauser