Clearwire Crunch Doesn’t Mean No Funds : Report

Clearwire Corp‘s (CLWR) recent “going concern” notice does not mean that Sprint Nextel Corp (S) and its other partners would not continue to fund the company, the head of Sprint said on Tuesday. Sprint Chief Executive Dan Hesse said the notice was an accounting technicality due to Clearwire having less than 12 months worth of funding left. – Reuters

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