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Entries tagged "Clearwire"Tech Layoffs: AOL, Sprint, Electronic ArtsAOL, Sprint Nextel and Electronic Arts are the latest tech companies announcing layoffs in November, following RealNetworks and Microsoft. Intel Capital invests $43M in Japan WiMaxIntel Capital invests $43 million in Japanese WiMAX provider UQ Communications. Falcone to repeat McCaw's mistakes?Hedge funder Philip Falcone plans to offer satellite phone service, a venture that eluded accomplished wireless entrepreneur Craig McCaw. When Iridium called it quitsOn this date in deal history, the bankrupt satellite phone service announced plans to hang up service after Craig McCaw backed out of a deal to buy it. Telecoms consider 'bailout' tooWith the financial industry receiving a $700 billion bailout package, a number of other industries are turning around and wondering why they shouldn't be the next group to be rescued. As Congress considers an infrastructure stimulus package, a number of telecom and media academics and policy makers have begun discussing whether that roads and bridges package should also include funding to build out the infrastructure of the future: Ultra Broadband, or UBB, a super-high capacity next-generation Internet service. ... Analyst: Government to clear wireless deals soonClearance for a pair of multibillion dollar wireless telecom deals could be at hand, according to Stifel, Nicolaus & Co.... Dealwatch: Sprint NextelIs Sprint Nextel Corp., the wireless carrier plagued by customer defections, law suits and the lingering integration woes, headed for splitsville or an outright sale? Media and telecom sectors shine with rest of marketThe media and telecom sectors saw some new dealmaking developments that raised market interest Monday. Overall, the broader markets were surging partly on the decrease of the price of oil, raising hopes that U.S. consumers will have more discretionary income. The Dow was up 94.28, or .71%, to 12,836.74, and the Nasdaq was up 29.05, or 1.19%, to 2474.57 in Monday midday trading. ... Just In: Advisers on Sprint Nextel and Clearwire dealSprint Nextel Corp. is merging its wireless broadband unit with Clearwire Corp. in a $14.5 billion deal. Intel Corp., Google Inc., Comcast Corp., Time Warner Cable Inc. and Bright House Networks are investing $3.2 billion collectively in the new company. Fresh out of our reporters' hands, here is a highlight of the advisers working on the deal. ... Interview: Intel Capital chief boosts WiMaxIntel Capital president Arvind Sodhani, says his company, the second-largest investor in Sprint Nextel and Clearwire's WiMax venture announced Wednesday, helped revive their aborted partnership. ... Telecom sector makes M&A connection as markets wallowThe telecommunications sector garnered a lot of attention Wednesday as billionaire investor Carl Ichan increased his holdings in Motorola Inc. [MOT] and Clearwire Corp. [CLWR] and Sprint Nextel Corp. [S] disclosed their long-awaited plan to form a $14.5 billion company to build a next-generation wireless broadband network. Investors, however, waited cautiously on the sidelines as home sales declined and oil prices showed no signs of falling. Overall, the Dow dropped 58.13, or .45%, to 12,961.96, and the Nasdaq declined 8.63, or .35%, to 2,474.38 in Wednesday midday trading.... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Clearwire." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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