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Clearwire shareholders approve merger with XOHM Sprint to roll out WiMAX network
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Thursday, 20 November 2008 13:07
clearwireClearwire shareholders have approved the deal today to merge with Sprint's XOHM business unit. The new joint venture includes also five more strategic partners Google, Intel, Time Warner Cable, Comcast, Trilogy Partners and Bright House Networks which will invest 3.2 billion in the new company to roll out wireless WiMAX across US.

The designated president of the new Clearewire joint venture is Berry West the current president of Sprint's XOHM unit. The new venture hopes will achieve a population coverage of 120-140 million by the end of 2010.
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Stocks went down after announcement
ymax 2008-11-20 09:29:52
I don't understand why the stocks when down today from around $5 to around $4
per share after the announcement.
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BridgetBarrera 2010-05-23 22:29:17
I had got a dream to start my organization, but I did not have enough of money
to do it. Thank goodness my close dude said to use the lowest-rate-loans.com. So
I used the financial loan and made real my old dream.
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Last Updated on Friday, 21 November 2008 12:08