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Thursday, October 18, 2012

Engadget: Sprint Nextel takes control of Clearwire after increasing stake to 50.8 percent

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Engadget
Engadget
Sprint Nextel takes control of Clearwire after increasing stake to 50.8 percent
Oct 18th 2012, 12:04

A securities filing has just revealed that Spring Nextel has acquired 50.8 percent of Clearwire corp giving it control of the firm. The deal comes after buying out Eagle River Holdings' stake in the telco. This comes just days after Sprint itself was subject to a sale of its own, to Japanese operator Softbank.

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Sprint Nextel takes control of Clearwire after increasing stake to 50.8 percent originally appeared on Engadget on Thu, 18 Oct 2012 08:04:00 EDT. Please see our terms for use of feeds.

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