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A growing coziness between T-Mobile USA and Sprint Nextel

Sprint Nextel
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A growing coziness between T-Mobile USA and Sprint Nextel has been rumored for months. At one point there were rumors that T-Mobile’s parent company, European communications goliath Deutsche Telekom, was preparing to buy Sprint and make it part of T-Mobile. So far, nothing had come of it—until now. 

The Wall Street Journal reported that Sprint’s directors are considering an offer by T-Mobile to invest in Sprint’s Clearwire 4G service. Sprint currently owns slightly over half of Clearwire, giving it control of that company. Allowing T-Mobile to invest into Clearwire will give Sprint the money it needs to complete the built-out of its new 4G network, and it will give Deutsche Telekom an entrée into Clear’s LTE development effort being put into place in Arizona.

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