Sprint Faces 4G Dilemma
Sprint Nextel Corp. has bet its future on offering speedy data services to mobile devices over a new high-speed, '4G' network and has joined with upstart Clearwire Corp. to build it.
But Clearwire has a problem: It needs billions of dollars to finish building its nationwide network. And now Sprint, which owns 54% of Clearwire, must decide whether to fund the project itself or turn to a competitor for help.
Sprint's board of directors is debating whether to let rival cellphone operator T-Mobile USA invest in Clearwire