Sprint and Clearwire form WiMax alliance

Tags: Alliance, Clearwire Corp., Sprint Communications, WiMAX, Wi-Fi, Wireless, Bright House Networks, Clearwire Corporation, Comcast, Google, Intel, Sprint Nextel, Time Warner Cable, George Mitton

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2008-12-01 13:09:14.0

Sprint and Clearwire plan to bring a mobile WiMax network to up to 140m users in the US after completing their merger. Sprint will own 51% of the joint venture with Clearwire retaining around 22%. A consortium of investors including Comcast, Intel, Time Warner Cable, Google and Bright House Networks are investing USD3.2bn.

 

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