Friday, January 18, 2013

Dish wants FCC to freeze its review of SoftBank's Sprint deal

Dish wants FCC to freeze its review of SoftBank's Sprint deal

If you ran Dish, how would you get extra leverage when fighting Sprint for control of Clearwire? Try to put SoftBank's acquisition of Sprint on ice, that's how. The satellite TV provider has asked the FCC to pause its review process over "unresolved contingencies" with Sprint's proposed buyout of Clearwire. Among the concerns, Dish warns that Sprint might not get full control of Clearwire or its spectrum, skewing the final value of the takeover, and that approval of the SoftBank-Sprint union might give the combined entity an unfair edge. Dish also makes a case for preserving wireless competition, but the company is still fairly conspicuous in its ultimate aims -- it wants a better shot at buying Clearwire, or at least to eke some LTE-friendly spectrum out of Sprint before SoftBank can move in. Just filing a request isn't a guarantee of action, however, and it's likely that Sprint will push back against any attempts to derail what's likely its deal of the decade.

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Via: Bloomberg

Source: FCC (PDF)

Source: http://www.engadget.com/2013/01/17/dish-wants-fcc-to-freeze-its-review-of-softbank-sprint-deal/

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