Reston, Va. - Following months of negotiations, Sprint Nextel (NYSE: S) said on Wednesday that it will combine its WiMax business with that of Clearwire. The resulting $14.5 billion company, which will retain the name Clearwire, will focus on deploying the first nationwide mobile WiMAX network, which promises wireless speeds comparable to those of broadband. The companies also said they have landed $3.2 billion in investments toward the project from Intel Capital, Google (NASD: GOOG), Comcast (NASD: CMCSA), Time Warner Cable (NYSE: TWX) and Bright House Networks.

Reston, Va. - Needing at least $3 billion to roll out its nationwide high speed WiMax network, Sprint Nextel (NYSE: S) and partner Clearwire are now in talks with cable giant Comcast (NASD: CMCSA) and Time Warner Cable (NYSE: TWC), The Wall Street Journal reported on Wednesday.

Reston, Va. - Unable to agree on the final terms of a deal, wireless giant Sprint Nextel said on Friday that it has scrapped its plan to jointly build its nationwide high-speed WiMax network with telecommunications firm Clearwire.

Reston, Va. - Sprint Nextel said on Thursday that it is working with Google to create a new WiMAX mobile Internet portal. The companies said that the site will feature search, interactive communications and social networking tools.

Reston, Va. - In a major partnership that brings together two rivals, Sprint Nextel said on Thursday that it plans to partner with Clearwire to jointly construct a national WiMAX network.

Las Vegas - MobiTV, a provider of mobile TV delivery technology and programming, is demonstrating its unified multicast and unicast TV service for the WiMax standard this week at the Consumer Electronics Show. WiMax was developed to connect Wi-Fi hotspots, and serve as a wireless alternative to cable and DSL broadband. The company also announced a deal with Sprint, to power a mobile TV service for the wireless carrier's joint venture with a number of cable TV companies. Finally, MobiTV said it partnered with major record label Warner Music Group, to create branded mobile TV channels for Warner artists like Linkin Park and Red Hot Chili Peppers that offer both music videos and original video content.