CLEARWIRE CORP (CLWR)

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Dish Network rumored to have bought Clearwire's $400 million debt in secret transaction



By Daniel Cooper posted Aug 10th 2012 at 7:41AM
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. If true, it could signal that it's getting ready for a fight against AT&T -- or maybe it just wanted to throw Dan Hesse a bone.

http://www.engadget.com/2012/08/10/dish-clearwire-debt-purchase-rumor/