Sprint Nextel is evaluating the possibility of divesting its WiMAX business as a separate investor-funded company, acting CEO and CFO Paul Saleh said at a USB investor conference this week. He indicated Sprint has set up a team to evaluate options for the business.
Saleh maintained that Sprint was staying on the course when it comes to WiMAX and that the company's move to end its partnership deal with Clearwire was misinterpreted by analysts. He said the deal was just too complex.
Saleh also said that the company is still figuring out the extent of its WiMAX deployment in 2008.
To read more about Saleh's comments:
- check out this article from Telecommunications Industry News
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- Forsee out at Sprint, WiMAX strategy in question
- Sprint's WiMAX biz speculation continues