To the Stockholders of Clearwire Corporation
To the Stockholders of Clearwire Corporation: We cordially invite you to attend a special meeting of stockholders of Clearwire Corporation, which we refer to as Clearwire, which will be held at the Woodmark Hotel, 1200 Carillon Point, Kirkland, Washington 98033, on Thursday, November 20, 2008, at 9:00 a.m., Pacific Standard Time. At the special meeting, we will ask you to consider and vote on, among other matters, a proposal to approve and adopt the Transaction Agreement and Plan of Merger, which we refer to as the Transaction Agreement, dated as of May 7, 2008, by and among Clearwire, Sprint Nextel Corporation, which we refer to as Sprint, Comcast Corporation, which we refer to as Comcast, Time Warner Cable Inc., which we refer to as Time Warner Cable, Bright House Networks, LLC, which we refer to as Bright House Networks, Google Inc., which we refer to as Google, and Intel Corporation, which we refer to as Intel, including the issuance of common stock of New Clearwire Corporation, which we refer to as New Clearwire, contemplated therein. In the proxy statement/prospectus accompanying this notice, we refer to Comcast, Time Warner Cable, Bright House Networks and Google collectively as the Strategic Investors, to the Strategic Investors together with Intel as the Investors, and to the transactions contemplated by the Transaction Agreement as the Transactions. Pursuant to the Transaction Agreement, Clearwire and Sprint will combine their respective Worldwide Inter-Operability for Microwave Access, which we refer to as WiMAX, businesses in conjunction with the Investors’ contribution of an aggregate of $3.2 billion in capital to the new company.
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