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Articles tagged with: Clearwire

Clearwire Confirms Raising $1.56 Billion from Shareholders

­A previously reported, US WiMAX network operator, clearwire has now confirmed an agreement to raise $1.564 billion in new investment capital from Sprint Nextel, Comcast, Time Warner Cable, Intel, Eagle River Holdings and Bright House Networks in exchange for newly issued shares.  more

Related Tags: wimax, 4g, USA


Sprint, Clearwire rise on report of new investment

Shares of Sprint Nextel and Clearwire gained Monday after a published report suggesting Sprint and its partner investors will put at least another $1.5 billion into Clearwire. more

Related Tags: sprint-nextel, wimax, USA


Sprint Set to Pump Additional US$1 Billion into WiMAX Venture

­USA based WiMAX network operator, clearwire is set to receive a US$1.5 billion cash injection from Sprint Nextel and its partners, reports the Wall Street Journal. Citing the usual people close to the matter, the newspaper said that Sprint Nextel would contribute US$1 billion of the extra investment, with the rest coming from the other shareholders.  more

Related Tags: wimax, sprint-nextel, USA


No Need for Consolidation in US Market - Deutsche Telekom CFO

­There is no need for further consolidation in the US mobile phone market, says Deutsche Telekom's Chief Financial Officer Timotheus Hoettges. Deutsche Telekom owns T-Mobile, and there have been rumours of a possible takeover bid for Sprint Nextel.  more

Related Tags: deutsche-telekom, t-mobile, radio, USA


Alvarion, ZTE to Supply Kit for Spanish WiMAX Network

­clearwire International, the overseas arm of USA based clearwire Corp has named Alvarion and ZTE as network infrastructure suppliers in support of the company's planned launch of WiMAX service in Spain in 2010.  more

Related Tags: wimax, alvarion, zte, 4g, broadband, Spain


Deutsche Telekom Rumoured to be Talking to Clearwire

­Germany's Deutsche Telekom, which was recently rumoured to be mulling a bid for USA based Sprint Nextel is now thought to be sniffing around WiMAX operator, clearwire - which is 51% owned by Sprint Nextel.  more

Related Tags: deutsche-telekom, t-mobile, metropcs, 4g, USA


Clearwire Launches Test WiMAX Network in Silicon Valley

­US WiMAX network operator, clearwire has launched a preview developer network in California's Silicon Valley. The developer network, which is a precursor to commercial service planned for the San Francisco Bay Area in 2010, will cover more than 20 square miles in Santa Clara, Mountain View and parts of downtown Palo Alto, California.  more

Related Tags: wimax, silicon-valley, san-francisco, 4g, USA


Clearwire CFO leaves; strategy chief to resign

Clearwire Chief Financial Officer David Sach has left the company to pursue other opportunities, the company said in a regulatory filing Thursday. more

Related Tags: USA


Clearwire Expands WiMAX Network - Seeks Government Stimulus Funding

­US based WiMAX network operator, clearwire has announced the expansion of its network to ten new markets, bringing the company to 14 in total. The network now covers a population of 10 million people.  more

Related Tags: wimax, 4g, broadband, USA


Future of WiMAX uncertain, as Clearwire investors write off billions of dollars

Comment by Terry Norman, Senior Analyst at Anlaysys Mason

"Over the last two or three years, WiMAX has gained a strong foothold in developing countries in which there is a need for broadband, but the fixed infrastructure is poor. However, Analysys Mason doubts that the developing market offers sufficient growth potential and size to sustain continued investment from such heavyweights as Cisco Systems, Intel and Motorola without additional sales in the developed markets. But in the developed markets of Europe and the USA, we see some early signs of a difficult future for WiMAX.  more

Related Tags: wimax, ieee, three, play, 4g, bandwidth


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