Summary:

Comcast’s (NSDQ: CMCSA) Tom Nagel was up past 3 a.m. this morning, putting the finishing touches on the Sprint (NYSE: S) Nextel-Clearwire (N…

Comcast’s (NSDQ: CMCSA) Tom Nagel was up past 3 a.m. this morning, putting the finishing touches on the Sprint (NYSE: S) Nextel-Clearwire (NSDQ: CLWR) WiMax JV — but he managed to stay awake long enough to talk us about the deal this afternoon and why Comcast is an investor, along with fellow cable operators Time Warner (NYSE: TWX) Cable and Bright House. The largest U.S. cable operator is contributing $1.05 billion of the $3.2 billion investment; Nagel, SVP-Wireless Services, said Comcast will be able to offer 4G wireless broadband services to its customers through Clearwire, and 3G cellular voice and data services from Sprint Nextel. In the future, those services can be bundled with Comcast’s existing cable and TV products. From the interview:

Let’s start with why Comcast is interested in getting involved with this venture? Nagel: “There

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