Clearwire expects investment deal to close by year-end

Clearwire told an Internet news site that it remained on track to close its $3.2 billion investment deal with Sprint Nextel by year-end. With the deal's approval, Clearwire expects to begin rolling out mobile WiMAX services in Portland, Ore., in the fourth quarter, possibly followed by Atlanta; Grand Rapids, Mich.; and Las Vegas.

Light Reading Mobile | 8/18 Bookmark and Share

This story published in USTelecom dailyLead® on 08/25/2008





Get stories like these delivered daily for FREE:
USTelecom dailyLead®
Designed specifically for telecommunications executives like you, USTelecom dailyLead® is a FREE daily e-mail newsletter. It provides the latest need-to-know news and industry information that maximizes your time, giving you an edge over your competition. Learn more