Can Clearwire Survive?

2:48 PM ET Fri, 18 Nov 2011

Clearwire has $4 billion worth of debt from trying to build out its 4G wireless network, reports CNBC's David Faber. There's some question about whether it will be able to make its December 1st debt payment. Bankruptcy would be bad for Sprint, he says, because it relies on Clearwire for much of its wireless spectrum.