Share This Story  |   Comments (0)

We knew there would be a good deal of debris from the news last week that Sprint Nextel Corp. [S] and Clearwire Corp. [CLWR] had ended talks to form a WiMax joint venture. But the speculation that this could spur Google Inc. [GOOG] to bid for Sprint Nextel is a surprise.

Floating the possibility of such deal, TMCnet over the weekend said that the transaction, while risky, would accelerate the search giant's push into mobile content by giving it a big wireless network to play with. Still, a deal is highly unlikely. Absorbing a troubled company like Sprint Nextel would be an exceedingly dangerous way to acquire a wireless network. Om Malik of GigaOm outlines a possible scenario in which Sprint Nextel would spin out its WiMax operations and raise funding from Google and others, but he, too, thinks the deal is unlikely. - Olaf de Senerpont Domis

See Nov. 9 story from TheDeal.com
See Nov. 10 post from TMCnet's VoIP blog
See Oct. 12 story from TheDeal.com

 

 

 

 

 

 

 

Also From Tech Confidential

• Avnet keeps shopping
• Qimonda clings to hope as bankruptcy looms
• Huffington Post brings in $25M
• Microsoft-Yahoo! rumor mill doesn't take a holiday
• Sezmi follows layoffs with $33M round

Tech Confidential Home Page

---

Post a comment

Name:

Email Address:

URL:

Remember personal info?

Comments: (you may use HTML tags for style)

Please only click "Post" once. It may take a few moments to process.