Clearwire warns that cash shortfalls will crimp build-out

04/26/2013 | Reuters · Wall Street Journal, The

Clearwire warned in its earnings report that it would have to halt its wireless network build-out to keep enough cash on hand to stay in business through early next year. Shareholders are scheduled to vote May 21 on Sprint Nextel's offer to buy out the Clearwire shares that it does not own, but DISH Network has submitted a competing bid.

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Reuters · Wall Street Journal, The

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