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Market Currents

Monday, November 9, 2009
8:54 AM TweetThis
  • Sources say Sprint Nextel (S) and a number of its Clearwire JV (CLWR +6.9%) partners are preparing to pump another $1.5B or more into the wireless broadband provider. $1B of a new infusion would come from Sprint, with Comcast (CMCSA), Intel (INTC), Time Warner Cable (TWC) and Bright House Networks kicking in another $500M. Google (GOOG), a key JV partner, isn't thought to be involved in this round.
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