A lifeline for Clearwire? WSJ report says Sprint considering ‘substantial’ investment

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The on-again, off-again relationship between Clearwire and Sprint Nextel may be entering a new phase. The Wall Street Journal reported last week, citing unnamed sources, that Sprint is considering an additional investment in Clearwire beyond the $1 billion in payments that it agreed to fork over earlier this year. Sprint already owns 54 percent of… Read More…

Clearwire embraces LTE as subscribers top 7.6 million and losses mount

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Clearwire made a bold — yet highly-anticipated step today — as the Kirkland broadband wireless company announced plans to build a 4G long-term evolution (LTE) network that can deliver speeds to customers of as much as 120 Mbps. It is a big pivot for the company, originally founded by telecom billionaire Craig McCaw around the… Read More…

Shares of Clearwire plummet after Sprint inks deal with LightSquared

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Shares of Clearwire sank nearly 20 percent this morning after Sprint inked a network hosting deal with LightSquared valued at $9 billion over the next 15 years. Sprint owns a majority share of Clearwire, but its anticipated alliance with LTE network provider LightSquared could signal a big shift away from the WiMax technology used by… Read More…

Clearwire shareholder to CEO John Stanton: Time to sell some spectrum in order fill ‘cash hole’

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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…

Clearwire’s Q1, by the numbers: Record revenue, larger loss

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It has been an eventful few months for Clearwire, the Kirkland-based mobile broadband company — from the ouster of its CEO to the resolution of a pricing dispute with Sprint, its majority owner. In the same way, the company’s first-quarter earnings today were a mixed bag, with higher revenues and record subscribers but a wider… Read More…

SignalSet lands $6M, looks to quickly switch mobile devices between GSM and CDMA networks

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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…

After a long squabble, Sprint agrees to invest $1B in Clearwire

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Negotiations between Clearwire and Sprint Nextel have been going on for months, sometimes heated and often playing out in the press. But the two companies have finally resolved their differences, with Sprint agreeing to pay $1 billion through 2012 to utilize the Clearwire high-speed network. “We are pleased to reach this wholesale pricing agreement with… Read More…

It’s official: Sprint says AT&T’s T-Mobile deal stinks

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We knew that Sprint wasn’t happy about AT&T’s proposed acquisition of T-Mobile USA, based on comments by Sprint CEO Dan Hesse about the deal. But the company today made it official, announcing that it will formally oppose the $39 billion combination. An excerpt from the company’s statement. The transaction, which requires the approval of the… Read More…