UPDATE: As promised, Sprint and Clearwire held a news conference this morning regarding the recently approved merger between the two companies.

All of Sprint's XOHM service will be rolled into the new company, and the new WiMAX venture will go by the name "Clear." And that's the main news we got.

Otherwise, they're looking at providing an all-IP WiMAX network with average download speeds of an initial 2 to 4 megabits per second.

There's plenty of glad-handing to be had in the official press release, and click here to listen to the news conference, if you're into that sort of thing. (Warning: You have to "register" with a name and e-mail. Whether it's yours is up to you.)


You know that Sprint-Clearwire deal that we’ve been waiting on forever? It’s about to become officially official. Officially.

The FCC already blessed the merger that will help get WiMAX off the ground, for realz. And with the details all worked out, we’ll learn more in a conference call on Monday morning, thanks to the long holiday weekend.

The short version: Clearwire now has a boatload of cash — like, $3.2 billion (said with a raised pinky) — to get things going. It also now has all of Sprint’s 2.5 gigahertz spectrum and its XOHM business, which has already been up and running in Baltimore.

The short, short version: Here comes some sweet 4G goodness