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DISH Statement on Clearwire Stockholder Vote Postponement
Posted: 31-May-2013 [Source: DISH]

[DISH comments on the Clearwire decision to delay a stockholder vote.]

Englewood, CO -- DISH Network Corporation (DISH) issued the following statement on news that the Clearwire Corporation Board of Directors has postponed its May 31 stockholder vote.

The following statement can be attributed to Tom Cullen, DISH executive vice president of Corporate Development:

“We are pleased that the Clearwire Board of Directors has decided to delay the stockholder vote to thoughtfully consider the merits of our proposal. We are confident that our offer is superior to the proposed Sprint merger as it offers substantially greater value to Clearwire and its minority stockholders and a clearer path to value realization for all parties. Importantly, it also provides a meaningful alternative to the significant group of Clearwire minority stockholders that remains opposed to the Sprint merger. Our offer is not subject to any financing contingency.”

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