A highly anticipated merger is about to be completed, as Sprint Nextel Corp. and Clearwire Corp. are discussing the details for their soon to be worth $14.55 billion communications company.

The two companies will combine their efforts under the name Clearwire and will continue their investments in high-speed wireless networks.

Many major economy players announced their intentions to invest in the new company. A $3.2 billion investment will be received from Intel Corp., Google Inc., Comcast Corp., Time Warner Cable Inc. and Brighthouse Networks. Also an investment is expected from John Stanton-led Trilogy Equity Partners.

The 51 % majority will be owned by Sprint Nextel Corp.

The investment will be based on a $20 a share target price, which will be adjusted after a careful analysis of Clearwire’s new shares prices on 15 randomly chosen days starting with the closure of the deal.

The Sprint Nextel Corporation is one of the biggest and most popular telecommunications companies in the United States with a 53.8 million subscriber-base. At this point, it operates the third biggest wireless telecommunications network in the country, it has the second largest wireless broadband network and is also the third largest long distance provider.

The current formation was finalized in 2005 when Sprint Corporation purchased Nextel Communications with a $35 billion deal.

Clearwire is also a wireless broadband Internet service provider, with offices in the United States, Ireland, Belgium, Denmark and Mexico. The company was founded in October 2003 by cellular phone pioneer Craig McCaw.