Sprint Nextel Corp. is aiming to make video calls a selling point of the new, faster data network that it's spending billions with co-investors to build. Sprint Nextel Corp. trades on the “New York Stock Exchange” under the stock symbol “S”. For More information regarding the “S”, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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Sprint Nextel Corp. is aiming to make video calls a selling point of the new, faster data network that it's spending billions with co-investors to build.
The wireless carrier on Tuesday announced that this summer, it is launching the first phone that will be able to use the new Clear wireless broadband network. Though it is live in 27 cities and offers faster data speeds for laptops than current cellular broadband networks, Clear doesn't yet work with phones.
The Clear network offers speeds similar to home broadband, making it better at handling streaming video. It's based on a technology known as WiMax, and it's referred to as fourth-generation, or 4G, because it's faster than the current, third-generation cellular networks
The phone will have a 4.3-inch touch screen, 30 percent larger than the
The Clear network is run by Clearwire Corp., of which Sprint owns a slim majority. The other investors include cable TV companies, Intel Corp. and Google. Covered cities include Philadelphia, Chicago, Seattle and Atlanta. Clearwire, which is based in Kirkland, Wash., plans to expand this year to cover New York, Boston, Los Angeles, San Francisco, Miami, Houston and Washington, D.C., among other cities.
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