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Sprint Nextel
S is rumored to be in talks with cable companies including Comcast
CMCSA and Time Warner Cable
TWC about a possible investment that may lead to an acquisition of Clearwire
CLWR, according to sources.
Sprint would use the investment to buy the remaining shares in Clearwire it does not already own.
Bill White, a spokesman for Sprint, said the company doesn't comment on rumors or speculation.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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