Sprint (S -3%) has offered Clearwire (CLWR +3.4%) up to $1.6B in conditional revenues and...

|About: Sprint Corporation (S)|By:, SA News Editor

Sprint (S -3%) has offered Clearwire (CLWR +3.4%) up to $1.6B in conditional revenues and funding, confirming the report that was floated just before the close of trade yesterday. This clears the way for Clearwire to make a $237M interest payment today. (PR)