Verizon Communications Inc Chief Financial Officer said on Thursday that the telephone company put in a bid to Clearwire Corp for some of its wireless airwaves. Clearwire had previously reported a bid of $1 billion to $1.5 billion for spectrum.Verizon's Fran Shammo did not confirm the size of his company's bid. Shammo told Reuters that if Verizon did not succeed in buying the spectrum, he would not be in the market for leasing airwaves from Clearwire, which is majority owned by No. 3 U.S. mobile provider Sprint Nextel Corp.Sprint and satellite TV provider Dish Network Corp have been seeking to purchase Clearwire, which depends on leasing wireless airwaves to other operators. Its biggest customer is Sprint.
DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH fell by 0.61% or $-0.231/share to $37.60. In the past year, the shares have traded as low as $26.12 and as high as $38.44. On average, 2933760 shares of DISH exchange hands on a given day and today's volume is recorded at 432031.
Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S traded higher by 0.42% or $0.03/share to $7.12. In the past year, the shares have traded as low as $2.30 and as high as $7.33. On average, 41996900 shares of S exchange hands on a given day and today's volume is recorded at 23429240.
Verizon Communications Inc. (Verizon) is a holding company. Shares of VZ traded higher by 3.44% or $1.705/share to $51.24. In the past year, the shares have traded as low as $37.51 and as high as $51.15. On average, 14052000 shares of VZ exchange hands on a given day and today's volume is recorded at 4376631.
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