Sprint and Clearwire to Combine WiMAX Businesses, Creating a New Mobile Broadband Company [Telecom]

May 07, 2008 0 Replies

Sprint and Clearwire to Combine WiMAX Businesses, Creating a New Mobile Broadband Company



Intel, Google, Comcast, Time Warner Cable and Bright House Networks to Invest $3.2 Billion in Combined Company, at Target Price of $20.00 per Share



Formation of New Company Brings Together the Nation's Leaders in Communications, Technology Innovation and Entertainment



New Company to Speed Deployment of First Nationwide Next-Generation Mobile WiMAX Network



Transaction Designed to Unlock the Potential of Clearwire's and Sprint's 4G Assets



New Company to be Led by Seasoned Management Team from Clearwire and Sprint's XOHM Business Unit; Board of Directors to Include Leading Wireless and Cable Executives



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Sprint/Clearwire Release

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Comcast Transaction Summary

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