The $14.5 billion Sprint-Clearwire merger officially has closed and the brand name decision-making has begun.
Clearwire Corp. announced on Monday, three days after the final handshakes took place over the long-discussed WiMAX venture, it will toss the “Xohm” brand and replace it with “Clear.”
Meanwhile, the combined companies will retain the Clearwire name as they work to build a WiMAX network meant to cover 140 million people.
Sprint owns 51 percent of the new venture; Clearwire holds a 22 percent stake. The rest of the company is owned by investors including Comcast Corp., Intel, Time Warner and Google Inc.
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July 18 2018 @ 16:50:07 UTC