Friday, September 18, 2009

Hesse: We'll keep Clearwire flush - Telecom News Analysis

Sprint Nextel Corp. (NYSE: S) is prepared to fill any funding gaps that might emerge as Clearwire LLC (Nasdaq: CLWR) attempts to build out its national mobile WiMax network.

But Sprint is prepared to do so only if it's absolutely necessary, noted Sprint CEO Dan Hesse when the Clearwire funding topic came up Thursday during his chat at the Goldman Sachs & Co. "Communacopia" conference in New York City...