Verdict: RIGHT

Why it went right: Initially, the spinoff of Sprint's WiMAX business, Xohm, and the combination with Clearwire, was an interesting curiosity. It was rumored that Intel Capital would provide $2 billion in backing, giving solid support for WiMAX as a mobile broadband standard. As it turned out, the deal to create the "new" Clearwire was a lot more complex and substantial than was initially thought. The final deal included $3.2 billion [1] in investments from Intel, Google, Comcast, Time Warner Cable, Bright House Networks and Trilogy Equity Partners. On Nov. 4, the FCC gave regulatory approval [2] for the deal. On Nov. 20, Clearwire shareholders gave their assent [3], and on Dec. 1, Clearwire CEO Ben Wolff said that the venture's new name would be [4] "Clear."

For more read - Intel investing $2B in Sprint/Clearwire [5]