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Communications Services M&A image Communications Services M&A » By The Online Investor Staff, updated Fri., Dec. 14, 6:51 AM Recent mergers and acquisitions in the Communications Services M&A category.

Slide #75. Sprint Clearwire

Acquirer: Sprint (S)
Acquiree: Clearwire (CLWR)
Details: Sprint (NYSE:S) today announced the successful completion of its transaction to acquire 100 percent ownership of Clearwire (NASDAQ:,CLWR). The merger agreement was first announced on December 17, 2012 and Clearwire shareholders approved the transaction at a special meeting of stockholders held on July 8, 2013. The transaction closed and became effective today.

Sprint is a holding company. Through its subsidiaries, Co. is a communications company providing wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers. Co. has two segments: Wireless, which provides wireless services on a postpaid and prepaid payment basis to retail subscribers and also on a wholesale basis, including the sale of wireless services that utilize Co.'s network but are sold under the wholesaler's brand; and Wireline, which provides wireline voice and data communication services to other communications companies and business subscribers, as well as voice, data and internet protocol communication services.

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Sprint is a holding company. Through its subsidiaries, Co. is a communications company providing wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers. Co. has two segments: Wireless, which provides wireless services on a postpaid and prepaid payment basis to retail subscribers and also on a wholesale basis, including the sale of wireless services that utilize Co.'s network but are sold under the wholesaler's brand; and Wireline, which provides wireline voice and data communication services to other communications companies and business subscribers, as well as voice, data and internet protocol communication services.

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Open the CLWR Page at The Online Investor »

Company Name: 
Sprint Corp (New)
Website: 
www.sprint.com
Sector: 
Communications Services
Number of ETFs Holding S: 
31
Total Market Value Held by ETFs: 
$100.79M
Total Market Capitalization: 
$24.22B
% of Market Cap. Held by ETFs: 
0.42%
Company Name: 
Clearwire Corp
Website: 
www.clearwire.com
Sector: 
Communications Services
 

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