Rumor: Sprint and Clearwire talking, again

The Wall Street Journal is reporting that Sprint and Clearwire have revived their talks about creating a joint venture to defray the costs of WiMAX. The two are reportedly looking to bring in outside funding from firms such as Google, Intel and retailer Best Buy. The plan could lower the $5-billion deployment costs of WiMAX and allow Sprint to focus on its core cellphone business, which is struggling.

Last summer, the two companies created a cost-sharing joint venture to build out WiMAX but ended the deal in November.

For more about the potential deal:
- read this article from the WSJ (sub. req.)


Like this story? Subscribe to FierceWireless!

The Wireless industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. Sign up today to get wireless news and updates delivered to your inbox and read on the go.