After seemingly kicking partner Clearwire to the curb a few weeks ago, Sprint Nextel brought its erstwhile 4G partner back into the limo Wednesday, announcing a deal to work with Clearwire on Long Term Evolution (LTE) network implementations in the future. While there are no specifics yet, at the very least Sprint’s public re-embrace of the company […]
Clearwire pre-announces Q3 numbers
For what we think is the first time ever as a publicly traded entity, Clearwire has pre-announced its quarterly numbers for the last fiscal period, with one metric rising above the rest: The company announced 1.9 million new wholesale subscribers, which you can roughly translate into meaning that Sprint has probably sold about that many 4G phones […]
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 […]
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 […]
Sprint: unlimited focus driving need for Clearwire?
Watching last week’s PGA tournament I was struck by a new Sprint TV ad that powerfully, forcefully and very clearly played up Sprint’s ability to offer true unlimited data plans, as compared to the tiered data plans of its top competitors, Verizon, AT&T and T-Mobile. By putting all its chips behind unlimited data, it comes as little […]
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