Clearwire, a Nasdaq-listed internet firm, has taken a minority stake in Imagine Communications, the telecoms firm headed by entrepreneur Sean Bolger.
The US broadband company, which is part-owned by chipmaker Intel, has taken a 7 per cent stake in Imagine and will appoint a representative to the company’s board. Clearwire is paying Imagine more than €5million in cash and will also hand over a large portion of its Irish business and customer base to Imagine....
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