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Re: Seshet post# 2143

Friday, 05/18/2012 10:45:40 AM

Friday, May 18, 2012 10:45:40 AM

Post# of 4306
No not that those companies are manipulating it but rather that if those companies would make a bid, Sprint would be forced to buyout CLWR or if the bid was too high for Sprint they would be done. Currently, Sprint has been CLWR's life line but CLWR has taken the appropriate actions in assuring that moving forward it isn't the case. Hence, contracts with other big vendors, Qualcom being their biggest so far. Qualcom is a $100B+ market cap. Also, the Qualcom relationship poises CLWR strongly for potential contracts with Verizon and AT&T. The issue is they are direct competitors of Sprint so that puts the pressure on Sprint to take whatever actions appropriate to ensure CLWR has a healthy future.

CLWR