The Wall Street Journal reported that Sprint Nextel is seeking new ways to fund its WiMax deployment project. The company, in August last year, announced plans to build a $3 billion WiMax network but with high wireless-customer churn rates and a declining stock price, securing capital investment is proving to be a challenge for Sprint. Its options include a spin-off of the firm’s WiMax business and a roaming deal with WiMax service provider Clearwire. Sprint is also studying a possible arrangement with its cable service provider partners on how they will pay for the use of the network.
Via [computerworld.com]
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