Will Sprint Nextel switch from WiMAX to LTE?

CHARLOTTE, NC – Sprint Nextel is a majority stakeholder in ClearWire, the company that provides WiMAX 4G coverage across the US. The two have been in pricing disputes, however, and talks are ongoing. The result of these talks could mean a financial divorce between Sprint and ClearWire. If that were to happen, would Sprint, the number … Continue reading

Sprint Nextel chooses not to purchase Clearwire debt

A January 2nd deadline passed without Sprint Nextel exercising an option to purchase $760M in debt from Clearwire. Clearwire is responsible for the 4G WiMAX technology currently resold by… Sprint Nextel chooses not to purchase Clearwire debt

Craig McCaw resigns from Clearwire

On December 31, Clearwire announced the immediate resignation of chairman Craig McCaw. No explanation was given and McCaw nominated Ben Wolff to replace him. Clearwire provides high speed internet service, specifically WiMAX 4G service, and has Sprint-Nextel as a 54% majority stakeholder. The company is due for major financial reorganization at the beginning of 2011… Craig … Continue reading

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