Sprint will acquire 100-percent of mobile broadband network Clearwire in a deal worth $2.2bn, the carriers have confirmed, with Clearwire valued at around $10bn in total and Sprint planning to use the extra spectrum for new LTE roll-out. The deal, which had been rumored for some weeks, sees Clearwire's board accept $2.97 per each share Sprint does not currently own; the carrier was already a majority shareholder in Clearwire.
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