Sprint to pay $2.1B for the rest of Clearwire (Update)

(AP)—Sprint Nextel has offered to buy out the minority shareholders of Clearwire for $2.1 billion in a deal that would give it total control of the flailing company and also more space on the airwaves for data services.

Sprint seeks majority control of Clearwire (Update)

(AP)—Flush with the promise of cash from a Japanese investor, Sprint Nextel Corp. on Thursday said that it wants to buy out the founder of Clearwire Corp. to gain majority control of the wireless network operator.

Clearwire 1Q revenue drops from 4Q on Sprint deal

(AP) -- Clearwire Corp., which runs a wireless data network, on Thursday reported its first drop in quarter-over-quarter revenue, as a new deal with major customer Sprint Nextel Corp. kicked in.

Google to sell Clearwire stake at 94 percent loss

(AP) -- Google Inc. on Friday said it will sell its stake in Clearwire Corp., the struggling operator of a wireless data network. The search company is taking a 94 percent loss on the originally $500 million investment made ...

Sprint pledges support to Clearwire

(AP) -- Sprint Nextel Corp. is mending fences with independent subsidiary Clearwire Corp., pledging Thursday to use the data network Clearwire is planning to build and to participate if the company raises more capital.

Clearwire slammed as CEO reportedly mulls default

(AP) -- Shares of wireless broadband network operator Clearwire Corp. plunged Friday after its chief executive told The Wall Street Journal that the company is weighing whether to make a large interest payment on Dec. 1.

Sprint down after testy meeting with analysts

(AP) -- The struggling wireless carrier Sprint Nextel Corp. said Friday that it will need to raise more money to build a higher-speed data network even as it must spend more to subsidize sales of the new iPhone to its customers.

Sprint: No more Clearwire devices after 2012

(AP) -- Sprint Nextel Corp. said Friday that it will stop selling phones and other devices compatible with Clearwire Corp.'s network at the end of next year, as it switches customers to its own higher-speed, fourth-generation ...

Cloud computing gathers steam with mobile devices

The outlook for the wireless industry is getting cloudier. Consumers have tapped into cloud computing technology for years: sending messages via Hotmail, uploading photos to Facebook or editing a spreadsheet on Google Docs ...

Clearwire adds Chinese company to supplier list

(AP) -- Huawei, a Chinese company that is edging into the U.S. market for telecommunications gear as a competitor to Motorola and Alcatel-Lucent, has scored another contract win.

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