Comcast Chief Financial Officer Michael Angelakis has inferred that the company will not invest any more money into Clearwire or increase its current 9% stake, with the following statement given to investors following questions regarding the next round of financing for the provider: “Clearwire has to figure this outâ€.
The statement follows previous reports concerning Sprint’s inability to purchase the remaining 45% stake of the venture and the consternation within the board of directors regarding the direction of the venture.
