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Tuesday, May 13, 2008

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Clearwire's Deeper Losses Could Jeopardize WiMAX Deal

Sprint-Nextel's would-be WiMAX partner Clearwire has reported yet another quarter deep in the red, only 24 hours after Sprint reported its own disastrous three months (TelecomWeb news break, May 12). Clearwire, which would (un)wire America for WiMAX, has now burned through $1.36 billion - and it doesn't have...

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