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 [...]
Sprint, Clearwire WiMax Deal Is On!
May 7th, 2008 · No Comments · Business, Business Practices, Technology, Wireless, emerging markets
Tags: Comcast·Google·Intel·Sprint Clearwire WiMax·Sprint Nextel Clearwire deal·Time Warner·WiMax