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Could Sprint ditch Nextel? Makes sense

Is Sprint Nextel getting ready for a fire sale?

It sure looks that way following speculation around Wall Street on Monday of a possible sale or breakup of the beleaguered wireless operator. First, The Wall Street Journal reported that German phone company Deutsche Telekom was considering buying the company. Later the same day, another Wall Street Journal article cited sources who said Sprint Nextel is considering unloading its Nextel assets, a move that might make the $22.3 billion wireless operator more attractive to potential buyers.

While a Deutsche Telekom sale seems like a long shot, it's not surprising … Read more

Comcast and Time Warner to bankroll WiMax joint venture

Comcast and Time Warner Cable are looking to help bankroll a new joint venture between Sprint Nextel and Clearwire to deliver 4G wireless services, according to a report in Wednesday's Wall Street Journal.

According to unnamed sources, the companies are discussing a plan to provide funding for a new wireless company that would be operated by Sprint Nextel and Clearwire. The new company would use network spectrum and assets from both companies to form a nationwide wireless network using WiMax.

Last summer, Sprint and Clearwire announced they'd be working together to build a nationwide network. In November, they … Read more

Report: Intel backing Sprint, Clearwire WiMax venture

Intel has spent a lot of time and money backing WiMax as a next-generation wireless standard, and it looks like the company isn't ready to watch its partners falter just yet.

The Street.com reported Tuesday that Intel is preparing to fund a $2 billion joint venture formed by Sprint and Clearwire that would own the spectrum rights held by both companies. The two companies had previously planned to build a nationwide WiMax network but shelved those ambitions after Sprint CEO Gary Forsee was sent packing last year. Still, talks remained alive, and it sounds like they might be … Read more

Sprint and Clearwire still working together

Sprint Nextel and Clearwire are still collaborating on building their Wimax networks and the companies have made significant headway on a roaming deal, Clearwire Chief Executive Ben Wolff said on Wednesday.

Wolff, who spoke at the company's analyst conference in Portland, Ore., stopped short of making any big partnership announcement with Sprint. And he declined to comment on a Wall Street Journal article published Tuesday that said Sprint was considering spinning off its Xohm network and combining it with Clearwire's network.

In July, Sprint and Clearwire said they would partner to build out their networks and commercialize the service. … Read more

Sprint considers shift in WiMax strategy

Sprint Nextel may be considering some big changes to its WiMax strategy, which might include a merger with start-up service provider Clearwire, according to a story in The Wall Street Journal on Friday.

Sprint Nextel is supposedly weighing its options on the matter as it looks for a new CEO, the article said. The company's former CEO Gary Forsee was forced out of the company last month. Sprint, the third largest wireless operator in the United States behind AT&T and Verizon Wireless, has been bleeding customers for the past few quarters as it deals with integrating the … Read more