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[Toms] Nationwide WiFi blanketing thanks to Sprint Nextel and Clearwire merger

post #1 of 8
Thread Starter 
Quote:
Clearwire and Sprint Nextel have joined forces to create a single company worth just under $15 billion.

The aim of the collaboration is to create a nationwide “WiMax†mobile wireless network with an ultimate goal of blanketing North America with WiFi access.

If you’re wondering why all this sounds a little familiar it might be because the two companies announced something similar in July of last year. Clearwire and Sprint agree to team up and form a WiFi alliance in the Summer of 07 but scrapped the deal in November citing “the complexities of the transaction and the departure of (Sprint CEO) Gary Forsee†as the reason why the two companies got cold feet.

While the new communications company will be named Clearwire, Sprint Nextel will own the majority of the company with a 51 percent stake. The company will see a $3.2 billion investment from Intel, Google, Comcast, Time Warner Cable and Brighthouse Networks but will also receive an investment from John Stanton-led Trilogy Equity Partners.
source

Nationwide WiFi sounds more hopeful than promising.
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post #2 of 8
This is pretty old.

Sprint has since shtcanned this project and replaced the senior director of the company, as the previous one burned up most of their upgrade budget on this WiFi project with Clearwire.
post #3 of 8
It's not old. Now that TimeWarner and Comcast has decided to provide capital funding for it, looks like it's a go.
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post #4 of 8
Quote:
Originally Posted by CL3P20 View Post
This is pretty old.

Sprint has since shtcanned this project and replaced the senior director of the company, as the previous one burned up most of their upgrade budget on this WiFi project with Clearwire.
Read the OP quote.
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post #5 of 8
lol a little while ago this guy came into my shop and told me this was going to happen, and then he wanted me to sign an NDA, no way.
post #6 of 8
We need to start keeping a list of people who do not read articles or even OP quotes before they post their inane opinions, lol. A sort of Hall of Shame so we know who to ignore and maybe cut down on this kind of crap.
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post #7 of 8
Interesting. I hope this is a smart move for Sprint because they've been having some troubles lately. They were considering getting rid of Nextel because it wasn't profitable but I guess they're thinking of merging with ClearWire instead. Guess I'll have to take another look at WiMAX network optimization again soon so we can sell the tools to ClearWire.
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post #8 of 8
Quote:
Originally Posted by Richenbals View Post
While the new communications company will be named Clearwire, Sprint Nextel will own the majority of the company with a 51 percent stake. The company will see a $3.2 billion investment from Intel, Google, Comcast, Time Warner Cable and Brighthouse Networks but will also receive an investment from John Stanton-led Trilogy Equity Partners.
This is going to be good. We already know Google is trying to get into the wireless market with cell phones and other devices, and the financial backing they can provide alone would be enough to see this through to the end.

It's a good thing my phone service is through Sprint as well. Maybe this could lead to Sprint and Google making something sweet with wireless devices. We'll just have to wait and see.
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