Clearwire courting AT&T and Verizon in bid to raise cash for 4G LTE network

Clearwire is in discussions to sell sell some of its wireless network capacity to Verizon Wireless and AT&T, Bloomberg reported recently. “All those discussions are under way," Clearwire CEO Erik Prusch told Bloomberg. "I'm confident we'll bring in new wholesale partners. Our message to the industry is that we've got the capacity to handle their needs.” However, it is more likely Clearwire is approaching the carriers in an effort to raise cash for its 4G LTE network plans.

Boy Genius Report, Clearwire courting AT&T and Verizon in bid to raise cash for 4G LTE network