Given its plans to sell its stake in Clearwire (CLWR -6.2%) for a mere $1.60/share, Google...

|By:, SA News Editor

Given its plans to sell its stake in Clearwire (CLWR -6.2%) for a mere $1.60/share, Google (GOOG) stands to lose $453M on its original $500M investment. Continuing to hold stakes are Intel (INTC), Comcast (CMCSA), and Time Warner Cable (TWC); the latter two could be motivated to sell on account of their recent deals with Verizon; each said in December it would stop selling Clearwire's 4G broadband service.