International Business News - CMCSK http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Clearwire and Sprint Nextel will combine their wireless broadband units to create a $14.55 billion communications company. The new company, to be named Clearwire, will receive a $3.2 billion investment from Intel Corp., Google Inc., Comcast Corp., Time Warner Cable Inc. and Bright House Networks. The investment is based on a target price of $20 per Clearwire share and will give the companies a 22 percent stake in the new venture. http://www.ibtimes.com/data/articleimgs/44535-sprint.jpg http://www.ibtimes.com/articles/20080507/clearwire-sprint-nextel-form-55b-wireless-company.htm http://www.ibtimes.com/articles/20080507/clearwire-sprint-nextel-form-55b-wireless-company.htm Wed, 07 May 2008 09:41:07 EDT Clearwire and Sprint Nextel are planning to merge their wireless broadband units to create a new $14.55 billion wireless communications company. The new company, to be named Clearwire, will receive a $3.2 billion investment from Intel Corp., Google Inc., Comcast Corp., Time Warner Cable Inc. and Bright House Networks. The investment is based on a target price of $20 per Clearwire share and will give the companies a 22 percent stake in the new venture. http://www.ibtimes.com/articles/20080507/clearwire-sprint-nextel-to-form-wireless-company.htm Wed, 07 May 2008 07:18:37 EDT