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Clearwire Completes Transaction With Sprint Nextel and $3.2 Billion Investment to Launch 4G Mobile Internet Company

Published December 2, 2008, 3:13 am, WirelessWorkforceOnline

Clearwire Corporation today announced that it has completed the transaction with Sprint Nextel Corporation (NYSE:S) to combine their next-generation wireless Internet businesses. The new company retains the Clearwire name and expects to build the first nationwide 4G mobile broadband network focused on meeting the evolving needs and demands for Internet-based communications services. In addition, ...

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