[Hen] Clearwire Sprint Deal COMPLETE
Johnson, Bill
bjohnson at onenet.net
Mon Dec 1 11:09:22 CST 2008
Some schools in Oklahoma have leases with Clearwire, some with Sprint.
Now, those will all be with Clearwire! My guess is that the union will
be greater than the sum of the two.
Bill
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http://newsroom.clearwire.com/phoenix.zhtml?c=214419&p=irol-newsArticle&
ID=1231029&highlight=
Clearwire Completes Transaction With Sprint Nextel and $3.2 Billion
Investment to Launch 4G Mobile Internet Company
KIRKLAND, Wash.--(BUSINESS WIRE)--Clearwire Corporation (NASDAQ:CLWRD
for the first 20 trading days and CLWR thereafter) today announced that
it has completed the transaction with Sprint Nextel Corporation (NYSE:S
- News) 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, Clearwire has received a $3.2 billion investment from
Comcast, Intel, Time Warner Cable, Google and Bright House Networks. The
transaction with Sprint and the new cash investment were completed on
the terms originally announced on May 7, 2008.
-------------------------------------------
Bill Johnson
Oklahoma State Regents for Higher Education
Director of Network Operations - OneNet
Director - Netrad Infrastructure for CASA
405.225.9444
cell 405.919.1718
video 164.58.250.185
"Vita Abundantior"
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