'Tis the season for patent disputes and wireless industry takeovers, or so a recent glut of moves would indicate. Shedding a little light on Clearwire's recently announced allegiance to LTE
is reporting that the company's currently in talks to sell its business to Sprint
, and perhaps secure the funding it so desperately needs for a network build out. According to several insider sources, the third place wireless carrier's considering a joint investment (amongst other options) with Comcast, Cablevision and Cox, that would give the cablers a bundled high-speed, wireless broadband competitive advantage, and Sprint an LTE boost in its battle against AT&T
rival 4G networks. None of the players in this rumored takeover have yet to comment on the purported transaction, although the business gossip has had quite an uplifting effect on Clearwire's shares. While we can't speculate as to the veracity of the claim, we know one thing for sure -- that LTE network's not gonna build itself.
*Verizon is currently in the process of acquiring AOL, Engadget's parent company. However, Engadget maintains full editorial control, and Verizon will have to pry it from our cold, dead hands.