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$3.2 Billion WiMax Deal Goes Through. Take Cover.

Last week -The deal to combine Sprint Nextel’s and Clearwire’s fledgling WiMax businesses that was rumored last March is finally expected to go through. Comcast and Intel are supposed to put in $1 billion each; Time Warner, $550 million; Google, $500 million; and regional cable provider Bright House Networks, $100 million. The new company, which [...]

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