Clearwire and Sprint created a stronger and bolder 4G WiMax by entering into a business deal of combining WiMAX to be able to provide nationwide network for maximum-speed data transfer. The merger was announced sometime last May 2008 but the process was completed only last November 28, 2008.

Sprint contributed its 2.5GHz network spectrum including all its WiMAX properties, which, in return would give Sprint half of the merger’s stocks. Clearwire will hold 22% total shares while the remaining shares will be owned by Comcast, Intel, Time Warner Cable, Google, and Bright House Networks.