Clearwire Raises $600M for WiMax Play

Donohue, Steve
March 2007
Multichannel News;3/12/2007, Vol. 28 Issue 11, p15
The article reports on the effort of Clearwire Corp.'s founder Craig McCaw to intensify Clearwire's data play WiMax services in the U.S. Clearwire raked in $600 million from its initial public offering, fund to help gaining its high-speed Internet customers from cable operators and telephone companies. Since Motorola and other manufacturers are starting to create new mobile devices that rely on WiMax spectrum, the company expects the demand for its fast wireless service to rise.


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