Sprint Nextel Corp is in talks with several cable companies (including Cox Communications and Cablevision Systems) about making an investment to acquire their WiMax partner Clearwire Corp, sources told Bloomberg Business Week. A Sprint/Cable company cabal would seem to strengthen the wireless carrier's position in the nascent 4G market, with the AT&T-T-Mobile merger looming and Sprint staring down a potential 16th consecutive quarterly loss. It would also improve the cable companies' ability to compete with AT&T and Verizon, who currently offer TV, broadband, home phone and wireless services to their customers.
Unwired View, Sources: Sprint forms cabal with cable companies to buyout Clearwire
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