Clearwire to take $80 mln financing from Sprint

Wed Feb 27, 2013 8:20am EST

Feb 27 (Reuters) - Clearwire Corp said it will take $80 million in financing from Sprint Nextel Corp in the form of exchangeable notes.

Wall Street Journal had reported that Clearwire plans to tap financing from Sprint, in a move that further complicates Dish Network's effort to buy Clearwire, citing people familiar with the situation.