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Dish Network rumored to have bought Clearwire’s $400 million debt in secret transaction

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We’re not in the habit of entering the dry world of corporate debt notes, but Sprint’s latest financial release might disguise a juicy bit of news. There’s a rumor in the business press that Dish Network might have bought around $400 million of Clearwire’s debt — helping relieve the pressure on Sprint, which has been keeping its subsidiary alive on handouts . Unsurprisingly, no-one’s commenting on the rumors, although Dish CEO Joseph Clayton did say he was open to a partnership (or acquisition) with Sprint / Clearwire late last year . . . → Read More: Dish Network rumored to have bought Clearwire’s $400 million debt in secret transaction

T-Mobile brings Square to select small businesses, does the mobile payment thing

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T-Mobile is throwing some of its weight behind the mobile payment movement this morning, becoming the first carrier to offer Square credit card readers to a handful of retail outlets. Under the company’s new campaign, stores equipped with T-Mobile smartphones will be able to use Jack Dorsey’s readers to finalize transactions from the comfort of their palms. This should come in handy for cash-only businesses, in particular, as T-Mobile emphasized in its announcement today. . . . → Read More: T-Mobile brings Square to select small businesses, does the mobile payment thing

Sprint urges government to oppose AT&T’s acquisition of T-Mobile

Sprint CEO Dan Hesse  has already expressed his concerns about AT&T’s purchase of T-Mobile from Deutsche Telecom, but today Sprint officially announced its opposition to the deal in a press release. Sprint states that the transaction will create a carrier that’s roughly three times its size — in terms of revenue — and “reverse nearly three decades of actions by the U.S. . . . → Read More: Sprint urges government to oppose AT&T’s acquisition of T-Mobile