MSOs tapped again to keep Clear

November 2009
CED;Nov2009, Vol. 35 Issue 11, p6
Trade Publication
The article reports that Time Warner Cable Inc., Comcast Cable Telecommunicatios Inc., and Bright House Networks along with Intel Corp. and Eagle River Holding have agreed to invest more money into Clearwire Communications LLC. It notes that the investors will purchase a new shares in Clearwire at about 7.33 dollars each. Clearwire is now operating in 24 markets but continue to loss money with 173,000 WiMAX customers out of 555,000 subscribers as of the end of third quarter of 2009.


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