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June 4, 2007  |  Email This Article   |  Print This Article

Clearwire completes $300m purchase

KIRKLAND (WiMAX Day). Clearwire Corp announced last week that it completed its US$300 million purchase of 2.5 GHz spectrum from AT&T, which covers mainly the southern United States. The spectrum sale was agreed in February, following the merger of AT&T and BellSouth, wherein AT&T was forced to dispose of the spectrum to achieve regulatory approval.