Sprint in Talks About Clearwire Buyout

Sprint Nextel is in talks with cable companies about a possible investment that may lead to an acquisition of partner Clearwire Corp., Reuters reported Friday, citing a Bloomberg story. Sprint, Comcast Corp. and Time Warner Cable are all investors in Clearwire. The talks are around ways to provide funding to Clearwire so it can build out its high-speed wireless network, Reuters wrote.

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