Sprint execs resign from Clearwire board
Sprint Nextel executives have stepped down from their posts as Clearwire board members, Clearwire said Thursday. The move could clear the way for other investors in Clearwire, which is currently building a nationwide 4G wireless network.
Clearwire said today that Sprint CEO Dan Hesse and two other top Sprint executives--Keith Cowan and Steven Elfman--have resigned from Clearwire's board of directors. The company will name temporary members to the board. There are four Clearwire board members Sprint previously appointed who are remaining on the board.
Clearwire is a joint venture among several big companies. Sprint is the largest stakeholder owning … Read more