Clearwire Corporation

News and overview for Clearwire Corporation

Clearwire to get $1.5 billion in cash - MarketWatch
MarketWatch | 12 days 21 hours 18 minutes ago
The Kirkland, Wash.-based company said it will raise the money by selling newly issued class B stock at $7.33 a share.


Clearwire Reports Third Quarter 2009 Results [Press Release]
Business Wire | 12 days 15 hours 20 minutes ago
Clearwire Corporation (NASDAQ:CLWR) (along with its subsidiaries, “Clearwire” or the “Company”), a leading provider of wireless broadband services, today reported its unaudited condensed consolidated financial and operating results for the third quarter ended September 30, 2009.


Clearwire to Raise Over $1.5 Billion to Continue National Expansion of 4G Mobile Internet Services [Press Release]
Business Wire | 12 days 22 hours 25 minutes ago
Clearwire Corporation, (NASDAQ: CLWR) announced today that it has executed a definitive agreement to raise $1.564 billion in new investment capital from Sprint Nextel Corporation, Comcast Corporation, Time Warner Cable Inc., Intel Corporation, Eagle River Holdings, LLC and Bright House Networks, LLC in exchange for newly issued shares priced at $7.33 per share.


Clearwire Appoints New Executives for Corporate Strategy and Marketing to Support Market Expansion [Press Release]
Business Wire | 17 days 15 hours 10 minutes ago
Clearwire Corporation (NASDAQ:CLWR) today announced the appointment of two new senior executives to support the company’s market expansion plans.


Clearwire Expands Sales Distribution for CLEAR 4G Mobile Internet Service in Philadelphia [Press Release]
Business Wire | 17 days 22 hours 25 minutes ago
Clearwire Communications, LLC, an operating subsidiary of Clearwire Corporation (NASDAQ: CLWR), announced today the expansion of its sales operations for CLEAR’s super fast mobile Internet service throughout the Philadelphia region. The company also named Andrew Kupiec as general manager for the Philadelphia market.


Clearwire to Launch Rights Offering to Existing Stockholders [Press Release]
Business Wire | 12 days 22 hours 25 minutes ago
Clearwire Corporation, (NASDAQ: CLWR) announced today that it intends to launch a common stock rights offering, pursuant to which rights to purchase shares of its Class A Common Stock will be offered pro rata to holders of its Class A Common Stock as of a record date to be determined. Each right will be exercisable for approximately 0.4336 shares of Class A Common Stock at a per share price of $7.33. Clearwire plans to file a registration statement with the Securities and Exchange Commission ...


Clearwire, Comcast, and Sprint to Launch 4G in Chicago, Philadelphia and Seattle [Press Release]
Business Wire | 31 days 16 hours 15 minutes ago
Clearwire Communications, LLC, an operating subsidiary of Clearwire Corporation (NASDAQ: CLWR), Comcast (NASDAQ: CMCSA)(NASDAQ: CMCSK) and Sprint (NYSE: S) today announced plans to launch their respective 4G mobile Internet services in additional cities in the fourth quarter of 2009. Each of the companies will offer 4G under their own 4G brand.


Clearwire and Sprint to Launch 4G in Major Cities throughout Texas, North Carolina and Hawaii [Press Release]
Business Wire | 31 days 16 hours 15 minutes ago
Clearwire Communications, LLC, an operating subsidiary of Clearwire Corporation (NASDAQ:CLWR) and Sprint (NYSE:S) today announced plans to launch their respective 4G mobile Internet services in additional cities in the fourth quarter of 2009. Each of the companies will offer 4G under their own 4G brand.


Clearwire International Takes WiMAX Beyond Borders with Aicent WiMAX Roaming Exchange [Press Release]
Business Wire | 30 days 16 hours 40 minutes ago
Clearwire International, LLC, an operating subsidiary of Clearwire Corporation (NASDAQ: CLWR), and Aicent Inc. (www.aicent.com) today announced an important step forward for international WiMAX roaming following the successful completion of the first inter-network roaming connection between WiMAX networks.


Clearwire Schedules Third Quarter 2009 Earnings Conference Call [Press Release]
Business Wire | 39 days 16 hours 23 minutes ago
Clearwire Corporation (NASDAQ:CLWR) plans to announce its third quarter 2009 financial results on Tuesday, November 10. The financial release will be posted at www.newsroom.clearwire.com at approximately 4 p.m. Eastern Time. Clearwire executives will host a conference call and webcast following the release at 4:30 p.m. Eastern Time.


Clearwire said getting $1.5 billion from investors - MarketWatch
MarketWatch | 13 days 21 hours 25 minutes ago
The Wall Street Journal, a sister publication of MarketWatch, reported that Sprint Nextel and a handful of cable companies will kick in the new funding, with an announcement coming as early as this week.


Operators Demonstrate First Ever International WiMAX Roaming at WiMAX Forum Member Conference in Taiwan [Press Release]
Business Wire | 28 days 8 hours 25 minutes ago
Clearwire International LLC, an operating subsidiary of Clearwire Corporation, Tatung InfoComm and VMAX today publicly demonstrated the first Mobile WiMAX™ global roaming at the WiMAX Forum Member Conference in Taipei this week. The conference also highlighted the strength of the WiMAX ecosystem in Taipei, including the anticipated commercial rollout of six WiMAX networks in Taiwan by Q1 2010.


Open Kernel Labs Appoints Atish Gude to Board of Directors [Press Release]
MarketWire | 3 days 19 hours 24 minutes ago
CHICAGO, IL -- (Marketwire) -- 11/19/09 -- Open Kernel Labs (OK Labs), the leading global provider of embedded virtualization software for mobile phones and broadband Internet devices, today announced the appointment of Atish Gude to the company's Board of Directors. A seasoned mobile broadband executive, Gude brings more than a decade of strategic telecommunications experience to the OK Labs Board. Most recently, Gude served as Senior Vice President and Chief Marketing Officer for Clearwir...


Manhattan U.S. Attorney Charges Hedge Fund Managers, Fortune 500 Executives, and Management Consulting Director in $20 Million Insider Trading Case [Press Release]
PRNewswire | 37 days 10 hours 5 minutes ago
...Group Executive at International Business Machines Corporation (IBM). All are charged with participating in...Corp. (Hilton), Google Inc. (Google), Clearwire Corporation (Clearwire), Akamai, Advanced Micro Devices (AMD...


WiMAX Forum Welcomes Packet One Networks, UQ Communications to its Board of Directors [Press Release]
Business Wire | 12 days 23 hours 25 minutes ago
The WiMAX Forum today announced the addition of two new members to its Board of Directors: Michael Lai, Chief Executive Officer of Packet One Networks (“P1”), and Dr. Fumio Watanabe, CTO of UQ Communications Inc. Both Packet One and UQ Communications are worldwide leaders in the development and deployment of next generation wireless technology.





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Company Overview


Company: Clearwire Corporation
Industry: Internet & Online Services Providers
Website: http://www.clearwire.com

Clearwire operates a wireless broadband network that provides services to about 475,000 subscribers primarily in the US and Europe. The company offers such services as high-speed Internet access and computer telephony. Its service areas cover more than 50 markets located mainly along the West Coast and in Texas, Florida, North Carolina, and the Midwest. Internationally, Clearwire serves broadband users in Belgium, Ireland, Spain, Denmark (through Danske Telecom), and Mexico (through partner MVSNet). The company was founded in 2003 and is controlled by wireless pioneer Craig McCaw (founder of the one-time leading cellular service McCaw Cellular).


Key Numbers

Sales in U.S. Dollars (mil.) 20.5 (2008)
One-year % Growth in Sales -86.5 (2008)
Net Income in U.S. Dollars (mil.) -432.6 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 1,635 (2008)
One-year % Growth in Number of Employees -17.8 (2008)
Fiscal Year-End December