A Technology Consortium Plans a Wireless Network

By Matt Richtel
New York Times

A who’s who of technology and telecommunications companies plans to announce on Wednesday that it intends to build the first of a new generation of nationwide wireless data networks, according to several people briefed on the deal.

The consortium includes a disparate group of partners: Sprint Nextel, Google, Intel, Comcast, Time Warner and Clearwire.

The partners have put the value of the deal at $12 billion, a figure that includes radio spectrum and equipment provided by Sprint Nextel and Clearwire, and $3.2 billion from the others involved.

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Source URL:
http://www.freepress.net/node/39568

Publisher URL:
http://www.nytimes.com/2008/05/07/technology/07sprint.html?ref=technology%26pagewanted=print