Sprint’s offer of $5 per share trumped the $4.40 per share proposal from Dish and won the support of a key group of dissident Clearwire shareholders as well as Clearwire’s board.
Dish has invested more than $3 billion to buy its own wireless airwaves in the 2.1 GHz (MSS) spectrum, which can be used for both terrestrial and satellite phone communications. Dish, with no experience building wireless services, is looking for a partner to run the terrestrial wireless network.
Meanwhile, SK Planet, the Internet services arm of wireless giant SK Telecom, (which just announced the first commercial LTE-Advanced network in South Korea, along with Samsung’s S4 LTE-A phone), is trying to establish a new home in the U.S., reports the Wall St. Journal.
Jinwoo So, chief executive of SK Planet, said in a recent interview that the maker of popular e-commerce and messaging services in South Korea, will spend between $500 million and $1 billion to buy, invest in and build tech companies in the U.S. over the next three to five years.
The first effort is a new messaging app called Frankly, expected to launch this summer. A U.S. team of around 40, including alumni of Google and Apple, is developing new mobile video, commerce and education services.
SK Telecom has 23 million mobile subscribers, mostly in South Korea. SK Planet had revenues of $1.3 billion in its last fiscal year, reports the WSJ.
Ericsson and Sony have demonstrated voice and video calling using TD-LTE (VoLTE) on Sony’s Xperia SP M35t. The Samsung S4 does TD-LTE as well.
Ericsson, Alcatel-Lucent, Nokia Siemens Network, Huawei, and ZTE are participating in China Mobile’s LTE TDD trial and going after the global market. China Mobile will open up bidding for 207,000 LTE TDD base stations starting July 15th.
In 3-5 years the telecommunications environment could shift significantly. Consider the possibilities:
- Japan’s Softbank will be a major global player with LTE-A networks in Japan, the United States and elsewhere
- South Korea’s SK Telecom, with Dish and Apple, could combine the 2.1 and 2.6 GHz band for global roaming.
- Google with 600 MHz, could partner with Microsoft and T-Mobile to offer low-cost broadband triple play.
Revenue generated by mobile operators in Asia will top $500 billion in 2013, reports
GSMA Intelligence, accounting for 42% of global mobile revenue. That’s equivalent in size to North America and Europe combined – and two-thirds of the growth globally.
AT&T and Verizon? Never heard of them.
Related Dailywireless articles include; Sprint Bids $5 for Clear, Gets Support, SoftBank Upps the Bid for Sprint, Un-Clearwire?, Clearwire Ownership Vote Delayed 2 Weeks, Battle for Clearwire, SK Telecom Launches LTE-A Network with Phones, SK Telecom Does Multi-Carrier LTE, SK Telecom Introduces Voice over LTE , LightSquared + SK Telecom?, Japan & Korea: More LTE than USA, South Korea Completes Nationwide LTE Coverage, Clearwire Committee Likes Sprint Offer Best, Verizon to Buy Clear Spectrum for $1.5 Billion?, Sprint Buyout of Clearwire Fought by Crest Financial, Sprint to Buy Clearwire, DISH Proposes to Buy Clearwire, Sprint Buying Clearwire?, Sprint + Dish?, Sprint Gets Majority Control over Clearwire, Sprint Won’t Buy Clear – For Now, Clearwire Cuts TD-LTE Deployment