Sprint is reportedly in talks with Clearwire and cable companies regarding the possible acquisition of the wireless Internet provider to help build its 4G LTE network. The talks are allegedly happening between Sprint and cable providers such as Comcast, according to a Bloomberg report. Clearwire is looking for an investment of $600 million to expand its high-speed wireless network and upgrade to 4G LTE technology. It’s unclear what a final deal would look like. Sprint is already a Clearwire investor.
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Sprint May Swing for 4G Boost With Clearwire Buy
Posted by: Rachelle Dragani August 22, 2011 10:03 AMSprint is reportedly in talks with Clearwire and cable companies regarding the possible acquisition of the wireless Internet provider to help build its 4G LTE network. The talks are allegedly happening between Sprint and cable providers such as Comcast, according to a Bloomberg report. Clearwire is looking for an investment of $600 million to expand its high-speed wireless network and upgrade to 4G LTE technology. It’s unclear what a final deal would look like. Sprint is already a Clearwire investor.