Clearwire continues review of Dish offer, recommends Sprint deal

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February 1, 2013 10:49 PM EST

Clearwire Corp said on Friday that it was still evaluating an offer from Dish Network Corp to buy the company for $3.30 per share even as it recommended that shareholders vote for a rival offer from Sprint Nextel Corp .

Clearwire, which agreed in December to a $2.97-per-share buyout by Sprint, also said it would not draw on a $80 million offer of financing from Sprint Nextel in February because it is still evaluating the Dish offer.

(Reporting by Sinead Carew; Editing by Lisa Von Ahn)

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