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Latest Clearwire News

Verizon Wireless eyeing Clearwire spectrum

According to a report in the Wall Street Journal, Verizon Wireless is negotiating a deal with Clearwire to lease its spectrum. Verizon allegedly offered Clearwire $1.5 billion to use some of Clearwire’s spectrum in larger markets. This offer was disclosed in Clearwire’s recent SEC filing, with insiders claiming that the bidder, “party J,” is Verizon Wireless. This deal may not go through as Clearwire is in a precarious financial position. Sprint owns a majority stake in the wireless carrier, and wants to purchase the company outright. Sprint is also being Read more

Kelly Hodgkins