Talk about on again, off again, but it appears that finally, Sprint and Clearwire are going to get the whole WiMAX thing going. Not without the help from numerous corporate investors though. These investments come from the likes of Comcast, Google, Time Warner, and Intel, who had already invested in Clearwire. Smaller cable provide Bright House, contributed as well.

Despite all of the investors in on the deal, this show will be run by Clearwire. Sprint is merging it’s mobile broadband division directly with Clearwire. Clearwire takes the reigns though, as acting directors of Clearwire, will remain in control of the new venture. Furthermore, the operation keeps the name of Clearwire. The cable providers will be allowed to rebrand and resell the service under some to be set agreements.

This has not been confirmed by Sprint or Clearwire. Though the deal was supposed to close by CTIA, things were no doubt complicated by all of the parties involved in this deal. It is expected that the companies could start talking about it tomorrow morning. The deal still needs the finishing touches on it, and is subject to change. It is still important to note that nothing may happen regardless of this news.

[Via MocoNews]