Imagine confirms Clearwire acquisition


Telecoms company Imagine Communications Group confirmed today it has bought Clearwire’s Irish operations.

Imagine plans to use the infrastructure to roll-out its high speed wireless Wimax network nationwide.

“This is a very significant and strategic deal for us as Clearwire is one of the world’s leading 4G operators,” said Imagine’s managing director Brian O’Donohoe.

Under the deal, Clearwire becomes a minority shareholder in Imagine.