IPCS backs down over Clearwire JV – for now
IPCS has withdrawn its request for a temporary injunction against the proposed New Clearwire joint venture, comprising Sprint Nextel’s WiMAX business unit (Xohm) and Clearwire. Shareholders of Clearwire and Sprint Nextel are due to vote on the deal Thursday but IPCS, an affiliate of Sprint, thought this would be premature since it is starting court […]