Sprint, Clearwire complete transaction, merge WiMAX assets

The Sprint Nextel-Clearwire WiMAX-asset merger is now complete after Clearwire's shareholders approved the deal a few days earlier than expected. Sprint has contributed its 2.5-GHz spectrum and WiMAX-related assets to Clearwire, which said its investors had handed over their $3.2 billion investment to continue building out the Xohm national wireless service.

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