Breaking: Sprint and Clearwire Land Major WiMax Deal, Create New Company

Clearwire Corporation and Sprint Nextel Corporation today announced that they have entered into a definitive agreement to combine their next-generation wireless broadband businesses to form a new wireless communications company:

“The new company, which will be named Clearwire, will be focused on expediting the deployment of the first nationwide mobile WiMAX network to provide a true mobile broadband experience for consumers, small businesses, medium and large enterprises, public safety organizations and educational institutions,” the company said in a statement this morning.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in