Clearwire to get $1.5 billion from Sprint, Intel, and more

Maureen · Site Admin Joined: 20 Aug 2008 Posts: 184

Let's hope this means more markets, faster rollouts, and better coverage, sooner rather than later!

The WSJ is reporting that Sprint, Comcast, Intel, Time Warner Cable, and Bright House Networks are pouring another $1.5 billion into Clearwire. Click to read the full article.

xrayman · Posted: Tue Nov 10, 2009 8:44 am Post subject:

Clearwire made it official, they are raising $1.56 billion from key investors so it can continue with the WiMax buildout.
* Sprint invested $1.176 billion.
* Comcast $196 million.
* Time Warner Cable $103 million.
* Intel $50 million.
* Eagle River for $20 million.
* And Bright House for $19 million.

http://blogs.zdnet.com/BTL/?p=27095