Wednesday, December 12, 2012

Sprint Wants to Aquire ClearWire

Sprint is seeking to purchase the remaining shares of Clearwire that it does not already own, reports the Wall Street Journal.

Citing sources familiar with Sprint's plans, the Journal says Sprint believes the acquisition could help it resolve control issues regarding Clearwire, in which it holds a significant stake. Sprint also wants Clearwire's vast spectrum holdings to supplement its future network plans.  

Welcome to the Now Network!