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Sprint and Clearwire Finalize Merger

December 1st, 2008 · Source [Mobile Tech News] · No Comments

Today Sprint announced that it has completed the merger of its Xohm Wimax unit with Clearwire Corporation. Sprint contributed all of its 2.5 GHz spectrum and its WiMAX-related assets. Comcast, Intel, Time Warner Cable, Google and Bright House Networks all combined to contribute $3.2 billion in cash to help the company get started. Clearwire plans to provide Wimax-based high-speed wireless Internet services.

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  • Tags: WiMAX · Sprint Nextel · In The News

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