Clearwire provided the WiMax infrastructure that Sprint is currently running on, and the latest business news is Sprint is now trying to buy out Clear. This news comes as a shocker because just a few weeks ago Clearwire announced they're switching to LTE. The switch means Sprint might be planning on making a switch as well and leaving WiMax where it belongs --behind.
In the business view of this whole deal; sprint has a lot to go through before buying Clearwire. The company is owned in shares by quite a few communication services like Comcast, Time Warner, and Brighthouse. For Sprint to own all of Clear and the people that work for it, the company will have to give up $600 million before they can call Clearwire theirs.
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