[chronster]

Originally Posted by kingsfan626

So how much of Sprint was sold off to Clearwire? Was it just their WiMax?

I never heard anything like that, only that clearwire "merged" with sprint's wimax. Meaning both share it?

Kirkland, Washington-based Clearwire said today that its stockholders have approved the company's plan to merge with Sprint's mobile WiMax business. According to Clearwire, the stockholders also approved a $3.2B investment by Intel, Google, Comcast, Time Warner Cable, Bright House Networks and Trilogy Partners in the firm, which will continue to be known as Clearwire. Clearwire is deploying a nationwide wireless network based on the WiMax wireless standard, which has a much larger range than existing Wi-Fi equipment. The firm said it is working to close the transaction before the end of the year. The deal was originally announced in May.