Sprint, Clearwire Announce $14.5 Billion WiMax Deal, Terms
...Sprint Nextel (S) will roll its next-generation wireless network , which uses a technology called WiMax, into Clearwire (CLWR), in a $14.5 billion deal . The company hopes to build out a network that would reach 120-140 million people by the end of 2010. Sprint's initial WiMax plans, announced almost two years ago, were to reach 100 million...
