Last updated: February 21, 2008 - 8:19am
SPRINT MOVES TO BUILD WIMAX NETWORK
[SOURCE: Washington Post, AUTHOR: Kim Hart]
Sprint Nextel is taking a different path to high-speed wireless than its rivals: Instead of bidding billions of dollars on airwaves in a federal auction, Sprint is building a network that uses WiMax technology, a move that has attracted plenty of criticism. Sprint yesterday mapped out more plans for its network by announcing a 20-year partnership with Clearwire, a three-year-old start-up that provides wireless Internet service and is headed by entrepreneur and early Nextel investor Craig O. McCaw. Both companies hope the partnership will help build the new network faster and cheaper. Sprint's gamble on the technology is controversial because the $3 billion project has guzzled investment while the company struggles to keep wireless customers and fix problems with the old Nextel network.
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