Wednesday, December 10, 2008

All Systems Go for Nationwide WiMax With Sprint, Clearwire Merger

All Systems Go for Nationwide WiMax With Sprint, Clearwire Merger: "The US$14.5 billion merger between Sprint Nextel (NYSE: S) Latest News about Sprint Nextel and wireless broadband provider Clearwire closed Monday with $3.2 billion in equity funding from a variety of heavy hitters in the technology and telecommunications industries.

The two companies have joined forces to build a nationwide high-speed wireless Internet network using worldwide interoperability for microwave access, or WiMax Take the FREE Motorola AirDefense WLAN Security Assessment. Click here., technology. The combined entity will be called 'Clearwire' and will be based in Kirkland, Wash."

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