Clearwire & Sprint to Extend Wholesale Deal?
Sprint Corp. (NYSE: S) could reportedly be ready to extend its wholesale relationship with Clearwire LLC (Nasdaq: CLWR), in another sign of thawing relations between the next-generation wireless partners.
Bloomberg quotes sources saying that Sprint is ready to extend its existing wholesale deal with Clearwire for between three to five years. Sprint has previously said that it planned to stop selling WiMax devices, which run over the Clearwire network, at the end of 2012.
Sprint has already made it clear this week that it is working toward renewed commercial agreements with Clearwire. On the carrier's third-quarter earnings call Wednesday (Oct. 26), Sprint CEO Dan Hesse revealed that the operator has signed a non-binding cooperation agreement with Clearwire to work on the technical specifications of its planned Long Term Evolution (LTE) network.
Why this matters Clearwire has a large swathe of 2.5GHz spectrum in the U.S. that can be used to support Sprint's existing WiMax network or forthcoming LTE deployments. The operator hasn't nailed down a new spectrum-sharing agreement with Clearwire yet but appears to be edging towards that outcome.
For more Read up on this seemingly rocky partnership.
- Sprint & Clearwire Bury LTE Hatchet
- Sprint Network Vision and 4G LTE Plans Should Integrate with Clearwire
- Sprint to Launch LTE by Mid-2012
- Clearwire Goes It Alone With Faster 4G
- Clearwire's Future Unclear at Sprint
— Dan Jones, Site Editor, Light Reading Mobile