Sprint dumps WiMAX, will build own LTE network

Is this the beginning of the end for WiMAX provider Clearwire? Things certainly got dimmer for the nascent national broadband provider Friday when Sprint revealed its new Network Vision strategy that in part calls for Sprint to switch from using Clearwire’s WiMAX to power its 4G network to a Long Term Evolution (LTE) network that Sprint will build […]

Will US govt get its $73.5 million back from Open Range?

The good news for U.S. taxpayers is that Open Range Communications, the now-bankrupt startup that was trying to build rural wireless networks, never received the full amount of the $267 million loan it won from the U.S. Department of Agriculture back in 2008. The bad news is — according to research into Open Range’s agreement with the […]

Clearwire shares plunge 24 percent

Clearwire (CLWR) shares took a beating today, plummeting 24 percent after Sprint announced that it will stop selling mobile phones that work on Clearwire’s WiMAX network. Instead, the company will move its customers to its own LTE network. Sprint has been Clearwire’s largest customer; it also has a significant equity stake in Clearwire. Only last […]

More on the strange happenings at Open Range Communications

Looks like the rural WiMAX project Open Range Communications is at the end of its entrepreneurial trail, according to a news report from Fierce Wireless’s Mike Dano, who says CEO Bill Beans has resigned and massive layoffs are underway as the company will stop accepting new customers. Sidecut Reports has been openly skeptical about Open Range ever since the […]

US WiMAX operator going out of business

Another nail in the coffin for WiMAX. Just as WiMAX operators around the world have either gone out of business or switched to LTE, Open Range Communications, an American WiMAX operator is laying off most of its employees and no longer accepting new customers. Open Range claims it will continue to serve existing customers, but […]