Tricia Duryee in Mobile on December 19, 2011 at 3:44 pm PT
AT&T’s $4 billion breakup fee will be of little consolation to the No. 4 U.S. carrier, which has been operating as a lame duck since March.
News Byte
Ina Fried in Mobile on December 5, 2011 at 2:29 pm PT
Struggling wholesale wireless carrier Clearwire said on Monday that it plans to sell $300 million worth of stock as part of its effort to bolster its financial position. The company also plans to offer its underwriters an option to purchase up to an additional $45 million worth of shares.
Greg Bensinger, Reporter, The Wall Street Journal in Mobile on October 13, 2011 at 2:55 pm PT
Clearwire Corp. Thursday reported better-than-expected customer and revenue growth for the third quarter, and a prepaid wireless carrier said it is considering a deal to buy wholesale capacity on the company’s fourth-generation wireless network.
Ina Fried in Mobile on September 27, 2011 at 12:30 pm PT
The company has scheduled an event next week to talk about its future network plans, but CNET says those plans include an LTE network to launch early next year.
News Byte
John Paczkowski in Mobile on July 28, 2011 at 2:15 pm PT
Clearwire investors aren’t taking news of
Sprint’s new deal with 4G wholesale network provider LightSquared too well, are they? The announcement of the 15-year pact this morning sent shares of Clearwire, a high-speed 4G mobile broadband service with whom Sprint also has a relationship, into a nasty downward spiral that left them down 22 percent at $2.15 as of market close.
Ina Fried in Mobile on May 17, 2011 at 9:49 am PT
Speaking at a J.P. Morgan investor conference in Boston, Dan Hesse said that a recent price hike on smartphones wasn’t exactly popular with customers, but was necessary to keep offering unlimited plans.
Plus, it’s helping boost the company’s average revenue per subscriber at a time when competition is particularly intense.
Arik Hesseldahl in News on May 12, 2011 at 5:15 am PT
With Clearwire shares down more than 40 percent over the last year, Intel decides the time is right to trim its holdings and yield a tax advantage in the process.