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Clearwire Raises Another $1.6 Billion, Led by Sprint Nextel

Authored by Mark Hefflinger on November 10, 2009 - 9:21am.
Kirkland, Wash. - Giving it more ammunition to roll out its high-speed wireless (WiMax) network in more cities across the U.S., Kirkland, Wash.-based Clearwire said on Tuesday that it has raised another $1.6 billion, including a $1.2 billion investment from partner Sprint Nextel (NYSE: S).
tags: Deals | Google | Intel | Time Warner Cable | Sprint Nextel | Investments | WiMAX | Clearwire | Eagle River Holdings | Bright House Networks |