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Sprint Teams Up with Clearwire on WiMax

bleahy
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Posted May 7, 2008 - By bleahy

Sprint, still intent of delivering WiMax mobile broadband, is teaming up with Clearwire for a $14.55 billion business venture.

The new company will retain Clearwire's name, but will focus on delivering a WiMax network. Both companies have been chasing WiMax independently.

Other companies are investing in the new venture including Time Warner, Comcast*, Intel, Google, and Bright House Networks.

They hope to roll out a WiMax network by 2010.

Wired: Clearwire, Sprint Nextel to form $14.55B wireless company

(*Disclosure: G4 is owned by Comcast)

Sprint Teams Up with Clearwire on WiMax
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