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Verizon offers $1.5bn in Clearwire spectrum grab

April 15, 2013 3:01 PM
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Verizon has offered Clearwire up to $1.5bn to buy its wireless spectrum, news has leaked, with Big Red hoping to use the airwaves to broaden its own 4G deployment. Word of the proposed deal broke on Friday after a regulatory filing by Clearwire that kept the identify of its potential suitor anonymous; however, as first reported by the WSJ, sources claim that buyer is in fact Verizon.

The news puts Clearwire’s business back under the microscope, and is timely given the announcement by Dish Networks earlier today that it was bidding on carrier Sprint. Dish already had a standing bid in on Clearwire, though has blamed regulatory red-tape for the deal not going through, though the c...

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