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. Its options include a spin-off of the firm’s WiMax business and a roaming deal with WiMax service provider Clearwire. Sprint is also studying a possible arrangement with its cable service provider partners on how they will pay for the use of the network.
Via [computerworld.com]

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