Wednesday, March 17, 2010 - 13:41
By Chip Brian

3/17/2010-Dow Jones reported Wednesday that Sprint Nextel (NYSE:S) is expected to unveil the first U.S. phone compatible with a 4G mobile network next week, citing people familiar with the matter.
The device, called the Supersonic by HTC Corp., represents Sprint's latest and biggest bet that its WiMax network and promises of a speedier wireless connection will reverse the struggling carrier's fortunes.
The company is racing to make WiMax services, run by partner Clearwire Corp. (NASDAQ:CLWR), available to more people as it hopes to exploit its temporary lead over other carriers with 4G aspirations.
The device is expected to be the centerpiece of a presentation made by CEO Dan Hesse during the CTIA Wireless trade show next Tuesday.

Keywords: Sprint nextel 4g HTC supersonic smartphone Clearwire

Ticker(s): S CLWR