Sprint owns a majority of Clearwire, the company it partners with to deliver 4G WiMax. Clearwire is a troubled little company: It poops money like a baby with bloody diarrhea, and it needs to spend $600 millionish to upgrade its network to LTE.
https://gizmodo.com/clearwire-joins-team-lte-effectively-abandoning-wimax-5827500/#comments
So Sprint’s thinking about buying the rest of the company outright, along with some additional investment from cable companies, some of which have already sunk a fair amount of money into WiMax as an efficient way to deliver wireless broadband to customers (to compete against Verizon and AT&T, who are pissing on their turf with video services like FiOS and U-Verse). According to BusinessWeek, a few things could happen: Sprint could invest more in Clearwire or buy it outright, perhaps with Cox and Cablevision, who’ve been in talks with Sprint.
https://gizmodo.com/wimax-joint-venture-sprint-clearwire-comcast-and-tim-387852
Whatever happens, as long as our Clear 4G dongles keep on being awesome, we’re happy. [BW]
https://gizmodo.com/clear-4g-a-love-story-5797069
