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Sprint, Clearwire WiMax Deal Is On!

May 7th, 2008 · No Comments · Business, Business Practices, emerging markets, Technology, Wireless

It finally happened! Sprint Nextel and Clearwire announced the $14.55 billion WiMax deal. Sprint will own 51% of the company (called Clearwire) with Clearwire owning 27% and investors 22%. Intel, Google, Comcast, Time Warner Cable, and Bright House Networks are all pumping $3.2 billion into the deal. Trilogy Equity Partners will also invest in the [...]

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Tags: Comcast·Google·Intel·Sprint Clearwire WiMax·Sprint Nextel Clearwire deal·Time Warner·WiMax


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