Sprint and Cable Companies Looking to Acquire Clearwire

Posted Aug 19, 2011

A group of companies, including Sprint, Comcast, Time Warner and Bright House, are in to acquire Clearwire. Clearwire recently expressed interest in building a 4G LTE network. Sprint would head the deal with funding from the cable companies, giving Clearwire the means to light up the network and giving the companies access to that network. There is no word yet on what the official agreement would be. [TechCrunch]