| Sprint is preparing to put another billion dollars into Clearwire, its 4G WiMAX partner. Their other partners, Comcast, Time Warner Cable, Intel and Google (exclude Google) are collectively putting in another $500 million into the pot. There are also rumors that Clearwire has looked at T-Mobile as another possible partner. If Sprint is losing customers as was reported for the last quarter, they must still be doing something right if they can fork over another billion dollars into Clearwire, although that’s the pony they decided to ride for 4G, so they’re hoping it’ll work better than LTE.
Source: DSLReports |
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