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Sprint and Comcast Reportedly Explore Clearwire Acquisition

August 20, 2011

August 19, 2011- Bloomberg reports that Sprint and Comcast are in discussions regarding a potential buyout of Clearwire.  The two companies are already investors in the wireless service provider.  The Bloomberg article quotes a Credit Suiss analyst about the potential deal,  “The cable guys have this stake in Clearwire that they’re not doing anything with, they’ve got this spectrum they’re not doing anything with, they’ve got this relationship with Sprint they’re not doing anything with, and they don’t have a wireless strategy. For Sprint, anything that shows more commitment from cable is really positive.”


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