*UPDATE* Sprint and Clearwire ink partnership

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*UPDATE* Sprint and Clearwire ink partnership
The on-again-off-again relationship between Sprint and Clearwire appears to be back on again. The Wall Street Journal is reporting that the two companies will soon announce a $12 billion partnership for their WiMax networks, giving users across the country true high-speed wireless access for their cell phone and laptop. The relationship has some pretty big backers too; Comcast has a $1.05 million stake, Intel $1m, Time Warner Cable $550m and Google is in for $500m.

source: Wall Street Journal (subscription required)

Update: The deal is done.  XOHM is no more, the new company will be called Clearwire despite Sprint's 51% stake.  Existing Clearwire shareholders will own 27%, and the remaining 22% is divvied up between Intel, Comcast, Time Warner Cable, Google and Brighthouse.

source: Business Wire via Engadget

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10 Comments

1. PocketMe unregistered

Wooooot..... I love Sprint... fastest data network... I hope they deploy 4G sooon.. Wish you the best Sprintnd SERO plan.

2. nr unregistered

there fast network is mostly agreements to use VZW evdo, specially in Rochester

5. The Guy unregistered

Educate yourself before posting buddy. Sprint has no EVDO agreements with Verizon, only 1xRTT. If you are roaming and getting EVDO speeds, you're most likely roaming off of Alltel's network. Sprint has the largest EVDO network in the US (though Verizon has the largest DOrA network).

3. thechosen1ji unregistered

here in texas sprint never roams off verizon for evdo but you can get 1xrtt from them. for evdo roaming you have to do that with alltels network. althought there is not need for that anymore since sprint keeps expanding its rev a network specially here in good ol texas.

4. sprintmgr unregistered

Check your numbers guys, the investments from Comcast and Intel were in Billions, and total investment from outside partners is $3.2B.

6. jrcrow unregistered

great...wireless for laptops n other people who want/need internet..I could care less..I have a BB Curve 8310..lol..you dont need 3g for unlimited texting/2way via walkie talkie feature...verizon customers all say you need 3g compared to edge..depends on area/signal strength..did you soft reset a bunch of times so your signal switches to a better tower..hello!...I have yet to complain about my edge/gsm wireless service.

8. Xelaz

Posts: 6; Member since: May 08, 2008

:) they don't even realize that at this point, 3G is very rarely needed

7. jrcrow unregistered

I had no issues when I had sprint as a trial after a week, I just wanted more which ATT had..PushToTalk..PLUS rollover..I FINALLY get to keep minutes not used!...woot!! Jrcrow

9. unregistered

yea push to talk i wonder how many people use that lol

10. VZDUBEMP unregistered

Wi Max is Verizons Red Headed step child! LTE is going to be where its at whydo you think not only Us ( The # 1 carrier in post paid ) and At&t ( #1 overall ) are both backing LTE? Sprint is a dying breed thats why I dont work there anymore!!!!!!!!!

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