Sprint, Cleawire near deal for 3-5 year network-sharing agreement, report claims

. Sprint and Clearwire are close to inking a deal that will extend an existing network-sharing agreement an additional 3-5 years, Bloomberg Businessweek said Friday. The current agreement will terminate at the end of 2012. Allegedly, the deal is not final and could still fall through. If it is finalized, Sprint is poised to pay less for access to Clearwire's network than it currently does. Clearwire has been seeking additional funding to help it build out a 4G LTE network, which is expected to cost $600 million, but Sprint will not provide any of the financing.

Boy Genius Report

See also:
trendygadgets, Sprint, Cleawire near deal for 3-5 year network-sharing agreement, report claims