John Paczkowski

Recent Posts by John Paczkowski

Clearwire as Mud


Ironic, isn’t it, that the nationwide WiMAX network created by the $14.5 billion merger of Clearwire (CLWR) and Sprint Nextel (S) is to be rebranded as “Clear,” since the joint-venture transaction that spawned it is about as muddy as they come.

With $3.2 billion in investments from the likes of Comcast (CMCSA), Intel (INTC), Time Warner Cable (TWX), Google (GOOG) and Brighthouse Networks, the new Clearwire has quite a few masters to serve, though CEO Benjamin Wolff insists none will have a direct hand in the company’s operations. “We have very little in common with a joint venture,” he said during a conference call on Monday, claiming Clearwire’s investors have no say in the timing of network launches. Hard to believe that’s the case when a $1 billion investor like Intel holds a seat on Clearwire’s board. But if it is, Wolff’s lucky. Because with Verizon (VZ) and AT&T (T) planning to bring a competing fourth-generation network called LTE (long-term evolution) online in the next year or so, Clearwire can’t afford any unnecessary distractions lest it lose that all important time-to-market advantage. “The credit markets are lousy” will only work as an excuse for slowed deployment for so long …


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December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work