Sprint Nextel will spend US$2.2 billion to take complete ownership of Clearwire, a move that will help it expand its network capacity.
The U.S. Department of Justice is reviewing a proposed US$3.6 billion spectrum purchase by Verizon Wireless, a spokeswoman there said Tuesday.
SpectrumCo, a joint venture among Comcast, Time Warner Cable and Bright House Networks, has agreed to sell mobile spectrum licenses covering 259 million U.S. residents to Verizon Wireless for US$3.6 billion, the companies announced Friday.
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