Sprint Nextel (NYSE:S) Working With Clearwire Corp
Posted on October 28, 2011 at 10:02 AM EDT
Sprint Nextel (NYSE:S) has decided to approach Clearwire Corp for a multilayer agreement. Sprint Nextel (NYSE:S) Working With Clearwire Corp Overland Park based telecommunications company, Sprint Nextel (NYSE:S), has decided to approach Clearwire Corp. for extending the current agreement for 3 to 5 years. It is reported that Sprint Nextel (NYSE:S) has to pay $1 [...]

Sprint Nextel (NYSE:S) has decided to approach Clearwire Corp for a multilayer agreement.

Sprint Nextel (NYSE:S) Working With Clearwire Corp

Overland Park based telecommunications company, Sprint Nextel (NYSE:S), has decided to approach Clearwire Corp. for extending the current agreement for 3 to 5 years.

It is reported that Sprint Nextel (NYSE:S) has to pay $1 billion to extend the services of Clearwire Corp, and it will help the media company which is currently going through a financial crisis.

Sprint Nextel (NYSE:S) is the largest wholesale customer of Clearwire Corp.

Sprint Nextel (NYSE:S) shares are currently standing at 2.61.

Sprint Nextel (NYSE:S) Working With Clearwire Corp
Price History
Last Price: 2.61
52 Week Low / High: 2.1 / 6.45
50 Day Moving Average: 3.13
6 Month Price Change %: -47.6%
12 Month Price Change %: -47.4%

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