Sprint Buys McCaw’s Stake in Clearwire Before Softbank Sale

Sprint Buys McCaw’s Stake in Clearwire Before Softbank Sale

Victor J. Blue/Bloomberg

Sprint Nextel Corp., which already held 48 percent of Clearwire, sought the majority stake to give it added sway over the fate of the company’s wireless-networking capabilities, including lucrative airwaves needed to deliver mobile calling and data.