Sprint Seeks Funding For WiMax Network

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posted Jun 14, 2007, 1:22 AM

Sprint is seeking additional funding to build out its WiMax high-speed data network. The carrier has contacted WiMax operator Clearwire about creating a partnership or Joint Venture that would include Clearwire's network and Sprint's WiMax assets. Sprint has also approached its cable partners for additional cash to build out its new high-speed network. Sprint has already committed $3 billion to building out its WiMax network and expects to launch in selected cities this year.

more info at Reuters »

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