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Articles tagged with: Clearwire and Wimax
Clearwire Raises an Additional $920 Million for WiMAX Rollout
USA based WiMAX network operator, clearwire has announced plans to top up its recent fundraising efforts with a further US$920 million in debt. In aggregate, the company has managed to raise nearly US$2.8 billion in just the past few weeks. more
Related Tags: USA
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
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, 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: sprint-nextel, 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: alvarion, zte, 4g, broadband, Spain
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: silicon-valley, san-francisco, 4g, 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: 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: ieee, three, play, 4g, bandwidth
Clearwire Reduces Loss - Misses Revenue Expectations
US WiMAX operator, clearwire has announced second-quarter loss of US$73.4 million - down slightly on the US$74.6 million a year ago. Revenues rose from US$58.6 million to US$63.6 million, but disappointed investors who had expected a better performance. more
Sprint Nextel announces 17 new WiMax markets
Sprint Nextel is expanding its high-speed wireless broadband service to 17 new cities by the end of the year. more
Related Tags: sprint-nextel, USA