TheStreet's Scott Moritz broke the news on Friday that Sprint and Clearwire "are close to announcing the formation of a WiMax joint venture funded in part by a $2 billion injection from Intel."

"The deal, which could be announced in the next few days, would create a new company that combines Sprint's licenses in the 2.5-gigahertz wireless spectrum and Clearwire's spectrum in the same and adjoining air waves," Moritz writes.

"Last November, Sprint Nextel and Clearwire cancelled plans to jointly roll out a nationwide WiMax network, although both companies have remained committed to the technology," notes Cellular-News. "Sprint Nextel has come under investor pressure to either scrap its WiMax plans, or to push ahead and renew the agreement with Clearwire."

More here from Electronista ... more here from TeleGeography ... more here from the Seattle Times ... and more here from InformationWeek.