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« The Government "Fix" of the Student Loan Mess | Main | Congratulations to the Moritz Class of 2008 »

May 10, 2008

Wireless Deal Forms a New Blockbuster Company

On Wednesday, Sprint Nextel and Clearwire agreed to combine their wireless broadband businesses in a $14.5 billion deal to form a new communications company. The new company, which will be named Clearwire, will deploy the first nationwide mobile WiMax network. This is a major move in the wireless market.

May 10, 2008 in Mergers & Acquisitions | Permalink

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