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Clearwire-Sprint Nextel unveils new brand

December 1, 2008

Clearwire and Sprint-Nextel announced they have completed the formation of a new joint-venture company and will offer mobile WiMax service under the "Clear" brand. The new company, valued at $14.5 billion, was formed with the WiMax assets of both Sprint-Nextel and Clearwire and aims to create a nationwide broadband wireless network to rival AT&T.

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