Knology set to buy Sunflower Broadband for $165M; Liberty Global sees 2Q loss

> Knology (Nasdaq: KNOL) will acquire Sunflower Broadband for $165 million, according to the Wall Street Journal. Knology had previously lost the bidding war for Bresnan Communications to Cablevision Systems (NYSE: CVC). Story (sub. req.)

> Liberty Global (Nasdaq: LBTYA) faced the odd duality of a higher second quarter loss even as revenues rose. Foreign currency losses were blamed as the company suffered a "translation loss" of $758.3 million compared with a gain of $282.3 million a year ago. Revenue, meanwhile, was up to $2.17 billion compared to last year's $1.81 billion. Story.

> There's yet another rumor floating around that Sprint (NYSE: S) will buy out Clearwire (Nasdaq: CLWR). The site Going WiMAX claims "the wiring has been on the wall almost since its inception (and) the days of Clearwire operating its own network under its own board of directors, and, most importantly, under its own symbol on the ticker may be drawing close to an abrupt and uneventful halt." Story.

And finally... Cable may be getting more influence with the FCC. Former Discovery (Nasdaq: DISCA) vice president Phoebe Yan has been named a senior advisor to chairman Julius Genachowski, where she'll consult on broadband. It's a new position not only for Yang, but for the FCC itself. Story.

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