All Systems Go for Nationwide WiMax With Sprint, Clearwire Merger
Sprint Nextel and Clearwire have joined forces to build a nationwide high-speed wireless Internet network using worldwide interoperability for microwave access, or WiMax, technology. The $14.5 billion merger closed Monday with $3.2 billion in equity funding from a variety of heavy hitters in the technology and telecommunications industries: Comcast, Intel, Time Warner Cable, Bright House Networks, Google and Trilogy Equity Partners.
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All Systems Go for Nationwide WiMax With Sprint, Clearwire Merger
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