Sprint to Announce New Clearwire Deal
May 6, 2008, 3:33 PM by Eric M. Zeman
Sprint is prepared to announce a formal, $12 billion WiMax partnership with Clearwire. Under the terms of the agreement, Sprint will merge its high-speed wireless WiMax network with Clearwire's own WiMax network. The joint venture will provide high-speed wireless data access to both cell phones and laptops. The two companies are also receiving additional funding from several cable operators. Comcast is contributing $1.05 billion, with an additional $1 billion coming from Intel, $550 million from Time Warner Cable, and $500 million from Google.
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Comments
Great move by Sprint
Reasons;
1. Allows them to focus on their core business, which is struggling.
2. Allows them to get more funding from others to help with the network build out.
3. Allows them to perhaps get a buyout from another company or PE and/or allows for future capital into Sprint especially if the new Clearwire would be successful.
1. Allows them to focus on their core business, which is struggling.
2. Allows them to get more funding from others to help with the network build out.
3. Allows them to perhaps get a buyout from another company or PE and/or allows for future capital into Sprint especially if the new Clearwire would be successful.
CLEARWIRE IS DEFINATELY ON THE RIGHT TRACK GOOD MOVE FOR SPRINT
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Seriously. Hurry it up
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Crawl Before You Walk
Sprint doesn't get it and I doubt they ever will. Perhaps Dan Hesse will turn around the sinking ship perhaps not. I hope he can.
Instead of WIMAX they need to spend the money building out their existing networks! Things like WIMAX mean nothing to people like me who live in an area where both Alltel and Verizon have EVDO high speed data and Sprint's data speed is barely dial-up. Sprint's voice signal is horrible in Eastern NC compared to it's competitors.
Sprint should also give some of this money back to it's work force. The front line employees who wok day in and day out deserve better then the pitiful salarys they get.
Instead of WIMAX they need to spend the money building out their existing networks! Things like WIMAX mean nothing to people like me who live in an area where both Alltel and Verizon have EVDO high speed data and Sprint's data speed is barely dial-up. Sprint's voice signal is horrible in Eastern NC compared to it's competitors.
Sprint should also give some of this money back to it's work force. The front line employees who wok day in and day out deserve better then the pitiful salarys they get.
Yeah... Stupid Sprint! How can they be sooo wrong! I cannot believe Comcast is contributing $1.05 billion, with an additional $1 billion coming from Intel, $550 million from Time Warner Cable, and $500 million from Google.
Sprint is way wrong :r...
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Sprint is way wrong :r...
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dial up speeds.....i hope that was a joke 🤨
Can You Say Divine Intervention!
This is the puriest form of Divine Intervention. Thank You God... For the record, I always knew you existed 😉
Disrespect said:
This is the puriest form of Divine Intervention. Thank You God... For the record, I always knew you existed 😉
nope. once LTE is launched by the other 3 big carriers, Sprint will realize that the...
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Anything Google touches turns to gold. They obviously know how to run a business being one of the top 5 most hit websites daily. So I feel totally comfortable with Sprint doing wimax with all these big names backing them. Go Sprint! 😉
this is shananigins!
i read in an article that Sprint is actually going to be an MVNO of the major company and lable of Clearwire, but still owning 51% of the shares. Can someone explain this move to me? it sounds like sprint is getting the short end of the stick..
Comcast? oh boy....the "Sprint PCS" of cable. lol
If these two idiots are in a partnership I might have to ditch my cable. 🤣
Yeah and google?! What a crap company that is. I am selling my shares.. 🙄
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Can Sprint destroy LTE and change the course of wireless forever?
Seems like that's what they are thinking. Its them against the world.
I am pretty sure they were thinking about this well before Verizon switched over to LTE...
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For all of you Sprint naysayers... Sprint ain't going nowhere.
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you enlgish shoowd speek please
You just let me know when the future gets here and i would have enjoyed faster speeds than you for the next three years...
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good for sprint
although I am not a fan of Sprint, I for one would never ever wish for unfortunate things upon people. especially upon people that try their best to turn this company around.
I am happy for this good news for them.
I am happy for this good news for them.
Thank you. We have one sane person still alive.
Sprint employees thousands of Americans yes I know as well as oversea folks but still our economy needs any jobs that we can right now. Sprint is not the anti-Christ people, so stop wishing on its dem...
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Sprint employees thousands of Americans yes I know as well as oversea folks but still our economy needs any jobs that we can right now. Sprint is not the anti-Christ people, so stop wishing on its dem...
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Nooooooooo!!!!
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I love my Clearw re! and I know Sprint will find a way to screw it up! 😡
Sad day
I love my Clearw re! and I know Sprint will find a way to screw it up! 😡
Sad day
NapalmBBQ said:
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I love my Clearw re! and I know Sprint will find a way to screw it up! 😡
Sad day
I don't know about that, for better or worse, Sprint does one thing right, and they do it really well...
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yeah, finally that, and some good news for sprint
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