Clearwire Exec Exodus May Pave Way for Sprint Deal
Larry Dignan (ZDNet) submits: Clearwire (CLWR) has a new CEO who is much more likely to complete a wholesale network agreement with Sprint. Sprint (S) and Clearwire have been negotiating a wholesale network agreement for 4G WiMax services. Sprint and Clearwire have indicated a deal was close. One hurdle for the Sprint deal might have been former CEO Bill Morrow. It’s no coincidence that Morrow was replaced with interim CEO John Stanton. Stanton ran Western Wireless, which was a wholesale wireless network that was sold to Alltel. Western Wireless also managed multiple network technologies. Sound familiar? Clearwire has WiMax and plans a move to LTE in a hybrid network. Meanwhile, Sprint’s network is also a hodge-podge of technologies. Given that backdrop, Clearwire’s executive exodus could mean following:
- The company saves some money.
- Removes impediments to a deal with Sprint.
- And sets Clearwire up to be a wholesaler that can chase other customers.
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