3 Sprint Executives Resign from Clearwire board
Thanks to member BooDaddy here at PPCG for pointing out this news to our site.
According to sources at CNet, Clearwire said today that Sprint CEO Dan Hesse and two other top Sprint executives, Keith Cowan and Steven Elfman, have resigned from Clearwire's board of directors and will soon be naming temporary members to the board. There are four other Clearwire board members Sprint previously appointed who's positions will remain unchanged.
The Sprint executives' departure is raising speculations about Clearwires future. The public now wonders whether Sprint will end up buying Clearwire outright or will Clearwire and T-Mobile strike a deal. Whatever happens, this move could possibly open the gates allowing other investors to take advantage of Clearwire and the new 4G network.
Source: CNet
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Oh boy, I wonder how this will turn out.
you and me both! haha
Looks like it opens the WiMax tech to Tmobile, and gives Sprint an out to possibly look ine LTE
i hope sprint shuts down clear once in for all they rips off and they suck and sprint can now make 4g better and faster they way it was before clear came in and mest them up i hope no one else makes a deal with clear they must be shut down and fast
Oh boy, I work for a company that is rolling out Clearwires infrastructure. I hope they dont go under and terminate our contract… o_O
tech,
Clear is a joint venture with several other companies (Sprint being one of the main ones). So, Sprint is one of the “founding fathers” of Clear.
@tech – nah man u dont worrie about that sprint owns the towers not clear
How is this really going to turn out? Tmo gets 4g, vzw is going lte, and now sprint dumps CW. Sprint may own the towers, but with no CW or LTE, then the $10 mo we pay extra for on our 4g’s could jump to $20-$30 or more a month for tmo and vzw carry-n our service for sprint. I hope my extra $10 mo helps sprint do a buyout on CW. Then let sprint join the LTE market and provide us both services. We could get 4g from locations tmo set up, LTE from vzw markets, and have a bigger coverage without sprint putting up the bill for all the towers that go live in future.