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The Official GOOGLE Blog

Investing in the future of the open Internet

As you may have read, Google, Comcast, Intel Capital, Time Warner Cable, Bright House Networks and Trilogy Equity Partners have entered into an agreement to invest $3.2 billion in a new wireless broadband company. The new company will combine Clearwire's existing consumer WiMAX business with Sprint's broadband infrastructure and 2.5 GHz spectrum to create a new nationwide wireless broadband network. In addition to our $500 million contribution as part of the investment group,

http://googleblog.blogspot.com/2008/05/investing-in-future-of-open-internet.html