On May 7 Sprint and Clearwire announced plans to combine their WiMax businesses and create a new company (called Clearwire) with a $3.2 billion investment from Intel, Google, Comcast, Time Warner ...

It looks like there's life in US WiMax yet. US providers Clearwire and SprintNextel have agreed to combine their WiMax networks into a new company, under the Clearwire brand. They've got some powerful friends on board too: Intel, Google, Comcast, Time Warner Cable and Bright House Networks have agreed to finance the new company to the

After trying to get a deal done since early 2007, Sprint and Clearwire finally hammered out an agreement in mid-2008, this one calling for Sprint's WiMAX business to combine with Clearwire with the help of a $3.2 billion investment by Intel, Google, Time Warner, Comcast, Bright House Networks and Trilogy Equity Partners. After some drama along the way, including opposition from...

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....

It's official. Sprint and Clearwire announced this morning they will form a nation-wide WiMAX network, with partners Comcast, Time Warner Cable, Intel, Google and cable operator Bright House Networks who are expected to kick in $3.2 billion to help finance the venture. The deal (pdf), announced on Wednesday, will provide funding …

It's official. Sprint and Clearwire announced this morning they will build a $14.5 billion WiMAX network, with Comcast, Time Warner Cable, Intel, Google and cable operator Bright House Networks expected to kick in $3.2 billion to help finance the venture. The deal, announced on Wednesday, will provide funding for Sprint and Clearwire to build the network

The news was recently announced that Sprint and Clearwire have partnered to make the U.S. WiMax network a reality. They've garnered investments from several other companies, including Intel, Comcast, Time Warner Cable, Google, and Bright House Networks, totaling $3.2 billion. Read the full story here.

Google, Intel, Comcast and Time Warner may not yet have gotten a financial boost from their investments in Clearwire, but the WiMAX service provider's abundance of spectrum could offer them the opportunity to pursue other wireless innovations. Those companies and others poured $3.2 billion into Clearwire last year, but because of Clearwire's fluctuating stock price and limited network bu...

Comcast said its fourth-quarter earnings fell 32 percent as the nation's largest cable operator recorded a $600 million write-down of its investment in WiMAX operator Clearwire. The write down on the Clearwire investment wasn't a surprise, and other Clearwire investors Google, Intel and Time Warner have already taken similar charges against their earnings. The cable operator's ...

It's all clear sailing now for the new Clearwire. Having managed to solidify its merger with Sprint's Xohm business unit and hold on to $3.2 billion in investment money from Comcast, Time Warner, Bright House Networks, Intel and Google in tough economic times, the mobile WiMAX pioneer is ready to go to market with a service branded "Clear." Clear, said Ben Wolff, Clearwire's CEO, "i...