Dish Network rumored to have bought Clearwire’s $400 million debt in secret transaction
We’re not in the habit of entering the dry world of corporate debt notes, but Sprint’s latest financial release might disguise a juicy bit of news. There’s a rumor in the business press that Dish Network might have bought around $400 million of Clearwire’s debt — helping relieve the pressure on Sprint, which has been keeping its subsidiary alive on handouts . Unsurprisingly, no-one’s commenting on the rumors, although Dish CEO Joseph Clayton did say he was open to a partnership (or acquisition) with Sprint / Clearwire late last year.
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Dish Network rumored to have bought Clearwire’s $400 million debt in secret transaction