The capital woes of Clearwire have been well documented. But even as the Kirkland broadband wireless company struggles, one of its rivals continues to attract new financing. LightSquared, the Reston, Virginia-based operator of a 4G wireless network, today announced that it has pulled in $265 million from existing and new investors. That means in the… Read More…
Clearwire faces a nagging “cash hole in its business plan and Sprint is the only game in town to fill it.” That’s the opinion of New York money manager Pardus Capital whose president, Karim Samii, just wrote a 2,257-word letter to Clearwire interim CEO John Stanton explaining his dissatisfaction with the direction of the Kirkland… Read More…
No matter what carrier you choose, wireless coverage oftentimes is spotty. But imagine if you could overlay the coverage of Verizon, AT&T, Sprint and T-Mobile into one uber-network of sorts? That’s the promise of SignalSet, a 5-person Seattle upstart that’s developed technologies to intelligently route select devices on to wireless networks with the strongest signals…. Read More…
Some industry watchers thought Clearwire’s prospects were rather bleak after AT&T announced plans to gobble up T-Mobile for $39 billion. And that may still be the case. But the Kirkland mobile broadband company — under the temporary leadership of wireless pioneer John Stanton — is showing some signs of life. Today, the company announced… Read More…
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