Sprint and Others Could Pump Another $1.5B Into Clearwire (CLWR)
Reports from the Wall Street Journal, Sprint (NYSE: S) and its partners are preparing to pump at least $1.5 billion more into Clearwire Corp. (Nasdaq: CLWR).
Sprint would invest $1 billion and its Clearwire joint venture partners, a group which includes Comcast Corp. (Nasdaq: CMCSA), Intel Corp (Nasdaq: INTC), Time Warner Cable Inc. (NYSE: TWC) and Bright House Networks LLC, would kick in another $500 million.
Sprint would invest $1 billion and its Clearwire joint venture partners, a group which includes Comcast Corp. (Nasdaq: CMCSA), Intel Corp (Nasdaq: INTC), Time Warner Cable Inc. (NYSE: TWC) and Bright House Networks LLC, would kick in another $500 million.
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