T-Mobile Eyes Clearwire Investment

TechFlash reports: Rumors have circulated for months about a potential partnership between Clearwire and T-Mobile USA, two wireless giants which are located just a few miles apart just east of Seattle. Now, The Wall Street Journal has the inside track

on what's going on behind the scenes. The report indicates that Sprint -- which owns 54 percent of Clearwire -- is a little woozy about letting a competitor partner or invest in Clearwire.

The report indicates that some Sprint directors are supportive of a Clearwire-T-Mobile match, while others are against it.

Tricia Duryee at Moco News has more on the debate, pointing out that Clearwire CEO Bill Morrow has stressed his company's independence from Sprint in past conference calls. In one, Morrow reportedly said: “Let’s just say, the largest arch enemy of our top shareholder [Sprint] kind of came in and said we’re going to offer you great economic terms, I think the reality is, is if that made sense to us, we’d still get that approved. We’d naturally take into account all actions or what would affect us from a value standpoint.”

For more on T-Mobile and Clearwire, go to TechFlash.