Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Credit Suisse Said to Buy Google’s Stake in Clearwire Corp.

Credit Suisse Group AG bought Google Inc.’s stake in wireless-broadband provider Clearwire Corp., said a person with knowledge of the matter, who declined to be named because the information is private.

In a regulatory filing this week, Google said it sold 29.4 million Clearwire shares for $2.26 each without identifying the buyer. The sale price valued the stock, Google’s entire 6.5 percent stake in Clearwire, at $66.5 million.

Google invested about $500 million in Bellevue, Washington-based Clearwire in 2008 as part of a $3.2 billion investment by a group of communications and technology firms including Sprint Nextel Corp., Comcast Corp., Bright House Networks LLC and Time Warner Cable Inc.

Mountain View, California-based Google had planned to sell the shares at $1.60 each, according to a Feb. 24 regulatory filing. The Wall Street Journal reported earlier that Credit Suisse bought the stake.

Steven Vames, a spokesman for Credit Suisse, declined to comment. Jim Prosser, a spokesman for Google, didn’t immediately respond to a phone message seeking comment.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.