Daily Archives: June 19, 2007

Sprint Nextel Considers How To Fund WiMax Rollout

The Wall Street Journal reported that Sprint Nextel is seeking new ways to fund its WiMax deployment project. The company, in August last year, announced plans to build a $3 billion WiMax network but with high wireless-customer churn rates and a declining stock price, securing capital investment is proving to be a challenge for Sprint.Continue Reading