Sprint / clearwire FFC OK

[xbarretx]

http://www.kansascity.com/382/story/874536.html

Sprint-Clearwire deal OK’d

Federal regulators are giving Sprint Nextel Corp. the green light to spin off and merge its new WiMax wireless broadband network with that of Clearwire Corp.

In a 5-0 vote this afternoon, the Federal Communications Commission approved a plan to combine Sprint’s Xohm network with Clearwire’s WiMax-like network. Google Inc., Intel Corp. and a group of cable companies are investing billions into the $14.6 billion venture, which will carry Clearwire’s name.

The Justice Department has already indicated that it will allow the deal to proceed, but will continue to monitor it.

[Buck]

Originally Posted by xbarretx

http://www.kansascity.com/382/story/874536.html

Sprint-Clearwire deal OK’d

Federal regulators are giving Sprint Nextel Corp. the green light to spin off and merge its new WiMax wireless broadband network with that of Clearwire Corp.

In a 5-0 vote this afternoon, the Federal Communications Commission approved a plan to combine Sprint’s Xohm network with Clearwire’s WiMax-like network. Google Inc., Intel Corp. and a group of cable companies are investing billions into the $14.6 billion venture, which will carry Clearwire’s name.

The Justice Department has already indicated that it will allow the deal to proceed, but will continue to monitor it.

Does this affect your job?

[xbarretx]

Originally Posted by BuckinKaeding

Does this affect your job?

it a good thing, its not like the project is DOA like ION. will it affect me? probably not. its jsut some good news regarding KC's hometown company that EVERYONE loves to bag on.

i know others work there but im not sure how / if it changes anything for them either. i just know its been a long drawn out process trying to get the OK on this.

p.s. rep for asking though