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Sprint Seeking Ways to Buy Out Clearwire

Aug 19, 2011, 7:44 AM by Eric M. Zeman

According to sources cited by BusinessWeek, Sprint has held discussions with Comcast, Cablevision, and other companies in hopes that it can raise the cash necessary to acquire the remaining equity in Clearwire that it doesn't already own. Sprint is one of a handful of companies that have invested in Clearwire, and owns 54% of the company. Clearwire and Sprint recently announced plans to build a Long Term Evolution-based 4G mobile broadband network along side the WiMax network the companies are also rolling out. BusinessWeek's sources indicated that Sprint's talks with the cable companies are still in preliminary stages and several differente scenarios are under consideration. No deals have been struck. it is possible that if Sprint acquires Clearwire it can more effectively compete with larger rivals AT&T and Verizon Wireless.

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indianacellular

Aug 19, 2011, 8:16 AM

they need to pick one

I don't understand why sprint runs so many netowks.. instead of just improving what they have. They should of shot down iDen a long tIME AGO

Iden - Nextel
wimax
CDMA
LTE ( soon )

vercetti

iden is going away, I think wimax will eventually when LTE rolls in

moemoe26

very true.... i hope they stick with CDMA and LTE...WIMAX AND IDEN need to go

crood

They took a shot and it didn't work out. They hoped the jump they had with WiMax would give them an edge. Unfortunately, Clear didn't have the money to build out fast enough and Verizon was able to build out so quickly that they lost the advantage b...
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Red_Minx

They are currently developing a technology that utilizes all the different spectrum signals at once. So basically if one signal isn't strong enough then the phone switches to another. This would basically give Sprint a commanding coverage assuming t...
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andy2373

And it's LTE. But they have a contract with Clearwire, so to speed there roll out of LTE and not to run two competing 4G networks the only thing that would make sense is to buy out Clearwire.
And then Sprint will probably convert Clear's assets to LT...
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island4prez

Maybe there setting up to let other companies lease off of their WIMAX while they are using LTE for their main network.

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