Clearwire Bumps Up Intel, Moto Funding

Deffree, Suzanne
September 2006
Electronic News;9/11/2006, Vol. 52 Issue 37, p35
Trade Publication
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.


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