Clearwire says makes progress on Sprint deal terms
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Clearwire Corp  and Sprint  Nextel Corp  have made progress on terms for a roaming  deal for their high-speed wireless networks based on WiMax  technology, Clearwire's Chief Executive said on Wednesday.
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PHILADELPHIA/NEW YORK  - Sprint Corp. is in  advanced talks to buy Nextel Communications Inc. for more than  $36 billion in a mostly stock deal that would combine the No. 3  and No. 5 U.S. wireless service carriers, sources familiar with  the situation said on Friday.
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On Mar. 6, Clearwire, the company headed by wireless pioneer Craig McCaw, is expected to sell shares in what could be one of the most talked about -- and sought-after -- tech initial public offerings of the year.
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PHILADELPHIA/NEW YORK  - Sprint Corp. is close to  an agreement to buy Nextel Communications Inc. for about $35  billion in a mostly stock deal that would combine the No. 3 and  No. 5 U.S. wireless telephone companies, sources familiar with  the situation said on Friday.
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Sprint plans to accelerate efforts to get business customers to move to wireless and Internet services. &quot;This strategy plays to our strengths by advancing our broad portfolio of wireline and
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Sprint (NYSE: FON) will spend US&#36;3 billion over the next three years to upgrade its U.S. wireless network, including the development of high-speed Internet services.
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In todayâs Wall Street Journal is the news [paid subscription req.] that Sprint and Nextel are moving forward with the planned merger, despite a possible threat from #2 wireless carrier Verizon Wireless.
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Sprint Nextel  is on track to  launch commercial services for its next-generation WiMax  high-speed wireless network at the end of April, Chief  Technology Officer Barry West said on Tuesday.
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Sprint Nextel Corp and Clearwire  Corp  plan to connect their WiMax high-speed wireless  services to allow customers to move between their networks  thereby boosting demand for the technology and cutting costs.
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Time Warner Cable is reportedly working with Sprint (FON) on a deal that would allow the cable provider to offer cell phone service on a trial basis next year.
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(InfoWorld) - Sprint Nextel and Clearwire have entered an agreement to jointly build the first nationwide WiMax network in the U.S., the two companies announced Thursday. The vendors will work together on the WiMax network and expect to offer service to a broad range of users, including the U.S. government, public safety agencies, businesses, and consumers, they said. The two companies plan to reach 100 million U.S customers by the end of 2008, said Gary Forsee, Sprint Nextel chairman and CEO, during a press conference. The WiMax network, which will be marketed under a common brand, will compete with and compliment existing broadband services, he said. The deal "will fundamentally change the communications landscape in this country," added Ben Wolff, Clearwire CEO. "By working together, a nationwide network becomes possible." Sprint Nextel will build out about 65 percent of the network, and Clearwire will build out the remaining 35 percent, the companies said. The agreement still needs to be finalized, and it will be subject to regulatory approval by the U.S. Department of Justice and spectrum transfers from the U.S. Federal Communications Commission. Sprint Nextel will focus on geographic areas covering approximately 185 million people, including 75 percent of the people located in the 50 largest U.S. markets, while Clearwire will concentrate on areas covering approximately 115 million people. A year ago, Sprint Nextel announced its plans for a nationwide WiMax network. The partnership with Clearwire allows Sprint Nextel to invest less money to create a nationwide network, Forsee said. The agreement will also allow the two companies to provide customers with "more breadth and depth of support," he added. The partners said the wireless network will provide broadband-speed Internet access to customers. The agreement will enable "seamless" roaming across the network, Forsee said. WiMax is designed to operate more than five times faster than current third-generation wireless networks. The arrangement will allow the exchange of spectrum between Sprint Nextel and Clearwire to enable each company to build out its portion of the network and to enhance service in its buildout territory, the companies said. Clearwire will be able to use some of Sprint Nextel's wireless infrastructure. The initial term of the arrangement is 20 years, with three 10-year renewal periods.
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DECEMBER 20, 2004  - Last week&#39;s merger deal between Sprint Corp. and Nextel Communications Inc. continues a consolidation trend among wireless carriers that could help lower prices and bolster
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Manufacturers prepare for Sprint Nextel's and Clearwire's Xohm WiMax service.
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Almost a year after Sprint Nextel Corp. disclosed it would develop a mobile broadband network using WiMax technology, the wireless provider said yesterday it is teaming up with competing provider Clearwire Corp. to help build it.
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Almost a year after Sprint Nextel Corp. announced it would develop a mobile broadband network using WiMax technology, the wireless provider said Thursday it was teaming up with competing provider Clearwire Corp. to help build it.
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Verizon Communications has reportedly gained the backing of its wireless partner, Vodafone Group, for a potential bid for Sprint Corp, clearing a major hurdle to such a deal.
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By DAVID TWIDDY    KANSAS CITY, Mo.  -- Sprint Corp...