Final regulatory hurdle cleared in $14.5 billion merger between Sprint's Xohm division and Clearwire's broadband operations. Sprint and Clearwire's 4G WiMax bet has drawn investments from heavy hitters Intel, Google, Comcast and Time Warner. - Sprint Nextel and Clearwire cleared the final regulatory hurdle to creating a nationwide WiMax network Nov. 4 as the FCC (Federal Communicati...

Clearwire Receives $3.2 Billion Cash Investment from Comcast, Intel, Time Warner Cable, Google and Bright House Networks Clearwire Spectrum Holdings to Enable Unmatched Wireless Network Capacity for Broadband Services KIRKLAND, Wash. and OVERLAND PARK, Kan. – Clearwire Corporation (NASDAQ: CLWRD for the first 20 trading days and CLWR thereafter) and Sprint Nextel Corporation (NYSE: S) announced ...

Wireless broadband firm Clearwire is no stranger to the headlines. Ever since the company announced last May that it would merge with Sprint Nextel's WiMAX business to create a new company (with a $3.2 billion investment from Google, Intel, Comcast, Time Warner and others) there has been lots of speculation about how this complicated new venture will fare in the marketplace.  A...

As Sprint and its partners celebrate the official launch of the country's first commercial WiMax network questions remain about how just do you pay for a $5 billion network in a financial market roiling with turmoil. Sprint thinks its partnerships with Intel, Google, Comcast and Time Warner will insulate the ambitious project to build a nationwide wireless, IP-based data network. - BALTIMORE ...

What do you get when you merge two WiMAX companies (Sprint and Clearwire) and raise yet another $3.2 billion from the likes of Intel, Comcast, Time Warner and Google? You get the new Clearwire, the so-called 4th-generation wireless broadband company with aspirations of becoming a contender in the mobile broadband marketplace in the United States. Today, there is one city (Baltimore, Md.) that uses...

Clearwire stockholders have waved goodbye to the old Clearwire and hello to a new Clearwire by approving a combination with Sprint Nextel's WiMAX business and a $3.2 billion investment from cable operators Comcast, Time Warner Cable and Bright House Networks along with Google and Intel. Following a unanimous recommendation from Clearwire's board of directors, the stockholders voted for a...

Clearwire's stock hit a 52-week low on the Nasdaq Tuesday, dropping as low as $8.98 a share. The operator, which is planning to merge with Sprint Nextel's WiMAX business with the help of billions from investment partners Intel, Google and cable operators Comcast, Time Warner and Bright House, has seen its shares fall steadily since early June. But the stock fell below $10 at the end of last week.

Clearwire Corporation and Sprint announced today that they have completed the transaction to combine their next-generation wireless Internet businesses. Sprint contributed all of its 2.5 GHz spectrum and its WiMAX-related assets, including its XOHM business, to Clearwire. Clearwire has received a $3.2 billion cash investment from Comcast, Intel, Time Warner Cable, Google and Bright House Networks....

In addition to Sprint's new investment in Clearwire's 4G WiMax technology, Clearwire partners Comcast, Intel, Time Warner and Bright House Networks also combine to invest $500 million. - Sprint Nextel plans to invest another $1 billion into Clearwire's WiMax 4G technology with Comcast, Intel, Time Warner and Bright House Networks contributing another combined $500 million, according...

A previously reported, US WiMAX network operator, Clearwire has now confirmed an agreement to raise $1.564 billion in new investment capital from Sprint Nextel, Comcast, Time Warner Cable, Intel, Eagle River Holdings and Bright House Networks in exchange for newly issued shares.