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Edition: U.S. Article Comments (0) Global Technology Summit Mobile hacking sets off security gold rush Apple plans smaller SIM card Rovio aims for IPO in two to three years Gameloft bets on smartphone shift Symantec looking to buy LG Display, Samsung see depressed LCD market turning Corning cites Verizon for fiber optic boom ARM upbeat on pricing, Intel threat SK Telecom eyes $1.8 billion in LTE investments Video: AOL CEO sees growth in 2012, possible paid content Follow Reuters Facebook Twitter RSS YouTube Read Strauss-Kahn case sparks debate over media secrecy 5:56am EDT U.S. sues Starbucks for firing dwarf from barista job 17 May 2011 Queen revisits ghosts of Ireland's "Bloody Sunday" 10:49am EDT Tanks shell Syrian town as West increases pressure | 11:02am EDT "Sperminator" Schwarzenegger scorned over love child 11:00am EDT Discussed 100 Texas county official says ”stupid” feds sparked fire 79 Israel-Palestinian violence erupts on three borders 63 Boehner says ready to cut budget deal today Watched Fire ants form rafts to defy floods Tue, Apr 26 2011 Boot camp for rebels in Libya Sun, May 15 2011 Making a case against Strauss-Kahn Tue, May 17 2011 Clearwire signs network deal with Ericsson Tweet Share this NEW YORK (Reuters) - Clearwire Corp (CLWR.O) has chosen Ericsson (ERICb.ST) to take over management of its high-speed wireless network, the service provider said on Wednesday. Clearwire, which is majority-owned by Sprint Nextel (S.N), said that it... Email Print Related News Ericsson's cautious outlook takes shine off shares Thu, May 12 2011 Intel to sell up to 10 million Clearwire shares Wed, May 11 2011 AT&T, T-Mobile CEOs defend mobile mega-merger Wed, May 11 2011 UPDATE 3-Rajaratnam trial jury rehears FBI phone taps Mon, May 9 2011 Clearwire posts wider loss Wed, May 4 2011 Analysis & Opinion LinkedIn IPO recalls credit as much as dotcom boom Summit-AT&T says NY network remains a challenge Related Topics Technology Home » Deals » Global Deals Data 2011 Q1 » Inflows Outflows » NEW YORK | Wed May 18, 2011 10:53am EDT NEW YORK (Reuters) - Clearwire Corp (CLWR.O) has chosen Ericsson (ERICb.ST) to take over management of its high-speed wireless network, the service provider said on Wednesday. Clearwire, which is majority-owned by Sprint Nextel (S.N), said that it would retain full ownership and strategic direction of the network under the seven-year agreement. The deal involves 700 Clearwire employees moving to work with Ericsson, which already manages Sprint's network. Both Clearwire and Sprint have been discussing the potential for Clearwire to use Sprint's wireless towers to expand its network further. Clearwire did not disclose the terms of the Ericsson agreement or how it relates to the Sprint talks. Clearwire shares were up 5 percent at $4.48 on the Nasdaq on Wednesday morning. Sprint shares were up 1.4 percent at $5.18 on the New York Stock Exchange. (Reporting by Sinead Carew, editing by Matthew Lewis) Technology Home Deals Global Deals Data 2011 Q1 Inflows Outflows Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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