Hi all,

FYI. See link.

Take care,

Jay

August 19, 2011
Sprint, Cable Operators in Clearwire Talks: Sources

By REUTERS

http://www.nytimes.com/reuters/2011/...gewanted=print

NEW YORK (Reuters) - Sprint Nextel Corp has held talks with cable partners about supporting their loss-making Clearwire Corp wireless venture in the face of increasing competition from bigger rivals, according to two people familiar with the matter.

The shares of Clearwire, which is currently looking for about $900 million in funding, rose 30 percent after Bloomberg reported cable operators with a minority stake in Clearwire were in talks with Sprint -- Clearwire's majority owner and its biggest customer.

But sources told Reuters any decisions about measures such as new funding would depend on the outcome of AT&T Inc's efforts to create a much bigger rival by buying T-Mobile USA, according two people who spoke to Reuters on condition they would not be named because the talks were private.