Shares of Clearwire jumped more than three percent in early trading Monday after the Bellevue-based inked a deal to provide EarthLink customers with 4G mobile broadband and fixed broadband service. The deal, which will take effect next year, could be extended to include Clearwire’s yet-to-built LTE network in the future.
“Clearwire’s 4G network is a great extension to EarthLink’s business, enabling them to add 4G fixed and mobile data plans to their diverse service portfolio,” said Don Stroberg, senior vice president of strategic partnerships and wholesale at Clearwire. “We’re thrilled to continue building momentum for our wholesale 4G business as the premier wholesale provider of 4G capacity to carriers, ISPs and other service providers in the U.S.”
EarthLink plans to offer the wireless service to its customers for in-home use, and over time it plans to extend the offering to new devices and services for small businesses. EarthLink offers service to 150,000 businesses and more than one million consumers.