Research Update: Sprint Nextel Ratings Remain On Watch Positive After DISH Network Bid On Clearwire - S&P Global Ratings’ Credit Research

Research Update: Sprint Nextel Ratings Remain On Watch Positive After DISH Network Bid On Clearwire

Research Update: Sprint Nextel Ratings Remain On Watch Positive After DISH Network Bid On Clearwire - S&P Global Ratings’ Credit Research
Research Update: Sprint Nextel Ratings Remain On Watch Positive After DISH Network Bid On Clearwire
Published Jan 10, 2013
1671 words — Published Jan 10, 2013
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Abstract:

Clearwire Corp. announced it has received a proposal by satellite-TV provider DISH Network Corp. (BB-/Positive/--) to purchase about 24% of Clearwire's spectrum for $2.2 billion. DISH will also try to acquire at least a quarter of Clearwire's common stock for $3.30 per share with certain governance rights. Ratings for Clearwire and majority-owner Sprint Nextel Corp. remain on CreditWatch with positive implications. On Jan. 10, 2013, Standard&Poor's Ratings Services said that the 'B+' corporate credit rating, and all other ratings, on Overland Park, Kan.-based wireless carrier Sprint Nextel Corp. remain on CreditWatch with positive implications. The ratings were placed on CreditWatch on Oct. 11, 2012. Additionally, our 'CCC' corporate credit rating, and all other ratings, on Bellevue, Wash.-based wireless

  
Brief Excerpt:

RESEARCH Research Update: Sprint Nextel Ratings Remain On Watch Positive After DISH Network Bid On Clearwire Publication date: 10-Jan-2013 Primary Credit Analyst: Allyn Arden, CFA, New York (1) 212-438-1000; allyn_arden@standardandpoors.com...

  
Report Type:

Research Update

Ticker
Issuer
GICS
Integrated Telecommunication Services (50101020)
Sector
Global Issuers , Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Sprint Nextel Ratings Remain On Watch Positive After DISH Network Bid On Clearwire" Jan 10, 2013. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Sprint-Nextel-Ratings-Remain-On-Watch-Positive-After-DISH-Network-Bid-On-Clearwire-1061249>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Sprint Nextel Ratings Remain On Watch Positive After DISH Network Bid On Clearwire Jan 10, 2013. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Sprint-Nextel-Ratings-Remain-On-Watch-Positive-After-DISH-Network-Bid-On-Clearwire-1061249>
  
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