3G to 4G Almost Overnight

Just as Apple is making noise & consumers are getting excited about the new 3G iPhone, Sprint Nextel & Clearwire announced a deal last month where they would be combining network assets to build a new network using 4G technology which is both faster & provides larger bandwidths than today's 3G network. Under the agreement Sprint Nextel & Clearwire will create a new company that has already received investment dollars totalling $14.5 billion from cable operators Comcast, Time Warner Cable, & Bright House Networks, as well as tech giants Intel & Google. For Sprint Nextel & Clearwire this is a win-win deal. Sprint has steadily been loosing market share after its merger with Nextel in 2005 & Clearwire hasn't been profitable since they went public over a year ago. The goal for both companies is to get their 4G network up & running... [read full story]