Sprint Nextel took another step toward securing its future by coming to an agreement with Clearwire to buy all of the remaining shares it doesn't already own.
The deal gives Sprint full control of Clearwire's impressive swath of spectrum, as well as its existing 4G WiMax network, which the company was planning to upgrade to 4G LTE next year. It also ends years of drama between the two companies, with Clearwire getting absorbed into Sprint.
So why does this matter? This deal has ramifications for consumers of both Sprint and Clearwire, and could have an impact on the … Read more