Friday, April 12, 2013

Reuters: Technology News: Clearwire "considering" skipping interest payments

Reuters: Technology News
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Clearwire "considering" skipping interest payments
Apr 12th 2013, 22:20

Fri Apr 12, 2013 6:20pm EDT

(Reuters) - Clearwire Corp said it is "actively considering" whether or not to make an interest payment on June 1 on about $4.5 billion of outstanding debt, according to a proxy filing on Friday.

The wireless provider also disclosed it had an unsolicited bidder from spectrum leases for $1 billion to $1.5 billion.

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