Struggling Sprint Nextel, burdened with layoffs, retail store closings, and massive mobile-subscriber defections to AT&T and Verizon, may be getting back in the game. The company, which recently caved to investor pressure to drop plans for a $5-billion nationwide WiMAX network, is again talking with Clearwire, its partner in the abandoned venture, reports the Wall Street Journal.
The nation’s third-largest mobile operator bailed on the high-speed wireless network in November, but new CEO Dan Hesse has brought the proposal back to the table, going after Google, Intel, and Best Buy for funding to help cut its costs. Sprint has rolled out small pieces of the network, designed to bring broadband-speed Internet to laptops and mobile devices, in several markets. (Read more Sprint Nextel stories.)