TITLE

Clearwire Bumps Up Intel, Moto Funding

AUTHOR(S)
Deffree, Suzanne
PUB. DATE
September 2006
SOURCE
Electronic News;9/11/2006, Vol. 52 Issue 37, p35
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Clearwire Corp. has scored additional funding from Intel Capital and Motorola Ventures, increasing its previously announced $900 million equity financing round to more than $1 billion. Clearwire said that its NextNet Wireless sale has been completed and that it has further finalized a debt facility of $125 million. Clearwire has appointed Arvind Sodhani and David Perlmutter to its board of directors.
ACCESSION #
23171229

 

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