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Nerdblog.Net |
| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
| Sprint and Clearwire finalize merger, spread of WiMax to follow soon |  After receiving approval from the FCC and shareholders, the Sprint and Clearwire merger has been finalized. Sprint has gone and contributed all its Xohm WiMax assets to Clearwire, and in addition, Clearwire has received $3.2 billion worth of investments from companies such as Comcast and Google. The merger will allow Sprint to shift its focus [...] [..] Read complete article |  | Published 29-Nov-2008 by Marc Flores in GeneralNewsSprintWiMaxClearWireFCCSprint Clearwire mergerXOHM
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A potential new hurdle in the way of Sprint's deal to spin off its super-fast WiMax wireless network into Clearwire (CLWR): A lawsuit filed today by Sprint Nextel (S) affiliate iPCS [..] 
It's official: 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 h [..] 
Clearwire's (CLWRD) newly formed wireless joint venture with Sprint Nextel (S) has already made one smart move, Reuters reports: It's dumping the "Xohm" name that Sprint tried using for its WiMax Internet service.
Why? Because Cl [..] 
Clearwire's (CLWR) quarterly results won't matter much until after it combines with Sprint Nextel's (S) WiMax business later this year. But for what it's worth, the company reported [..] 
Alltel, the fifth-largest U.S. wireless carrier, says it will use LTE technology for its next-generation wireless network, not rival WiMax technology. This leaves Sprint Nextel (S) as the [..] 
Another lousy quarter for Sprint Nextel (S) -- the No. 3 wireless provider lost more than 1 million wireless subscribers and missed the Street's revenue projections.
From the call: Th [..] 
Sprint's (S) WiMax spinoff/JV with Clearwire (CLWR) has a big task ahead: Build a massive, high-speed wireless network from scratch, and then convince enough people to sign up for it that [..] 
