Clearwire confirms deal talks with Sprint

Following up on yesterday's report in the Wall Street Journal that Sprint and Clearwire have renewed talks to launch a joint venture for their respective WiMAX networks, Clearwire CEO Ben Wolff confirmed that the two carriers have made significant headway on a roaming deal. The report yesterday claimed that the two companies are 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.

For more on the roaming talks:
- read this article from CNET