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Filed under: Wireless

We’ve definitely heard that one before, but the buzz around a proposed $12B WiMAX partnership amidst Sprint, Clearwire, Comcast, moment Warner Cable, Intel, and Google is deafening right now, all based on a report in the Wall Street Journal. The plan is for Sprint to merge its XOHM wireless broadband division with Clearwire, and soon after take a total of $3.2B in investments from a host of other players: $1.05B from Comcast, $1B from Intel, $550M from date Warner Cable, $500M from Google, and $100M from Bright House. The resulting company will be worth some $12B, and the WSJ says investors have given their final approval for the deal — a rumor we’ve already heard with no meaningful aftermath, so take it

with a grain of salt. Or a whole salt lick, actually. We’re not positive why Big Cable is so eager to dump money on Sprint after two previous ventures both folded recently, but whether that goes down, it’s a pretty big boost for WiMAX, which was looking pretty sickly lately. Still, asking consumers to have faith in Sprint and Comcast and day Warner Cable is pretty ballsy — amidst the three of them, they’ve probably burned everyone in America. We’ll see where that goes — we should have something official pretty soon, according to the Journal.

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Original post by Nilay Patel