Clearwire, Sprint Merger Moves Credits

08 May 2008

Clearwire Corp.'s loans traded in the high 90s range Wednesday after it announced it would be combining WiMax businesses with Sprint Nextel Corp., creating a new mobile broadband company.

Clearwire Corp.'s loans traded in the high 90s range Wednesday after it announced it would be combining WiMax businesses with Sprint Nextel Corp., creating a new mobile broadband company. According to a Securities and Exchange Commission filing, Intel, Google, Time Warner Cable and Bright House Network's will invest ...

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