DISH Statement Regarding Clearwire
LAS VEGAS--(BUSINESS WIRE)--
DISH Network Corporation (NASDAQ: DISH) confirmed today that it has
formally approached Clearwire Corporation with respect to a potential
strategic transaction on terms as generally outlined in the Clearwire
release, including an offer to purchase all of the Clearwire common
shares at $3.30.
"We look forward to working with Clearwire's Special Committee as it
evaluates our proposal," said Tom Cullen, DISH executive vice president
of Corporate Development.
DISH does not intend to comment further at this time.
DISH Network Corporation (NASDAQ: DISH), through its subsidiary DISH
Network L.L.C., provides approximately 14.042 million satellite TV
customers, as of Sept. 30, 2012, with the highest quality programming
and technology with the most choices at the best value, including HD
Free for Life. Subscribers enjoy the largest high definition line-up
with more than 200 national HD channels, the most international
channels, and award-winning HD and DVR technology. DISH Network
Corporation's subsidiary, Blockbuster L.L.C., delivers family
entertainment to millions of customers around the world. DISH Network
Corporation is a Fortune 200 company. Visit www.dish.com.
DISH Network Corporation
Robert Toevs, 720-333-3085
Source: DISH Network Corporation
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