Clearwire’s stock (CLWR) was halted today due to a circuit breaker. The stock was down over 23% after it said it was deciding whether or not it should make a big debt payment. Seems a bit fishy to me. Deciding if they should make a payment? Talking about skipping a payment? Not good. Perhaps the best hope for Clearwire is they’re purchased or funded by another company. That’s the hope of one Yahoo Finance board member, who lays out the possible Clearwire buyers in this post:
Funding/Bidding War for CLWR 8-Nov-11 04:40 pm
Players: China Telecom, China Mobile, AT&T, Metro PCS, Dish, Google, Apple…
Who can seal the deal with Funding/Buyout–Either they catch the CLWR Advanced TDD LTE Express Train 4G (1gig/1000meg per second) now or they’re stuck on the FDD LTE slow train of lost opportunity and future success.