Today in Mobile

Sprint CEO Dan Hesse used the stage at the Open Mobile Summit in San Francisco today to downplay the funding problems Clearwire is facing. Sprint’s WiMAX service is powered by Clearwire, of course, and Sprint owns a 54 percent stake in the network operator. The funding problems may force Sprint to increase its investment Clearwire, which Hesse conceded during his speech. That scenario increasingly appears to be the only real option if Sprint is to fully leverage its head start in 4G.