Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Sprint’s CEO Says Clearwire in ‘Every Option’ for Future

Chief Executive Officer Dan Hesse said Sprint Nextel Corp. remains committed to Clearwire Corp. and that “every option” for Sprint’s future involves the wholesaler and fourth-generation WiMax technology.

Hesse said he’d like to see Overland Park, Kansas-based Sprint do more network sharing with Clearwire, which sells capacity from its own network to Sprint and other carriers. He spoke today at the Deutsche Bank AG Media & Telecom Conference in Palm Beach, Florida. Clearwire is 54 percent owned by Sprint.

Deutsche Telekom AG has held talks to sell its T-Mobile USA unit to Sprint in exchange for a major stake in the combined entity, according to people with knowledge of the discussions, as Bloomberg reported yesterday.

Deutsche Telekom and Sprint haven’t been able to agree on a valuation for T-Mobile USA, the fourth-largest U.S. wireless carrier, the people said. Hesse declined to comment on speculation about any such transactions.

Sprint may consider a “spectrum hosting” agreement with Kirkland, Washington-based Clearwire, Hesse said. Clearwire said in November it was delaying introduction of a Clear-branded phone and paring 15 percent of its workforce to save as much as $400 million.

Sprint was unchanged at $4.70 at 4 p.m. in New York Stock Exchange composite trading. Clearwire rose 19 cents, or 3.7 percent, to $5.38 on the Nasdaq Stock Market.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.