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Intel is reviving ClearWire andSprint's failed WiMax partnership with a much-needed $2 billion investment. Intel has always been WiMax's biggest proponent, spending a ton of money on development and including the technology in its next laptop chip design. This is on top of the $5 billion that Sprint has promised to…

Sprint is considering a spinoff of its WiMax division, combining it with wireless startup Clearwire, to form a venture with national reach in wireless spectrum. Forming a new company to focus on WiMax would allow backers to bet on it, but keep the huge capital expenditures required from a national rollout off Sprint's…

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