The domestic market for wireless spectrum assets narrowed a bit in the short term late last week as the Federal Communications Commission said it would open up a formal debate in regards to Dish Networks’ attempt to use satellite spectrum for a terrestrial cellular...
After deciding that the purchase of MetroPCS would be too costly, Sprint Nextel (S) is instead heading back to the capital markets with a plan to raise $2 billion to pay for network upgrades, refinance existing debt, and possibly continue funding Clearwire. Sprint Nextel...
Clearwire (CLWR) continued to show its transformative nature during the fourth quarter as the carrier’s results showed increasing reliance on its wholesale operations, currently dominated by parent company Sprint Nextel (S), while its future plans have been bolstered to support a move into the...
FreedomPop, the wireless broadband startup backed by Skype co-founder Niklas Zennstrom, says it will buy wholesale broadband service from Clearwire instead of from LightSquared. The Federal Communications Commission has decided that LightSquared cannot move forward with its effort to provide wholesale mobile broadband as...
Updated: LightSquared’s attempts to become a wholesale provider of mobile broadband services appears to have come to an end as government regulators have declared that interference between LightSquared’s proposed spectrum and some GPS equipment was unavoidable. The decision comes just over a year after...
LightSquared has reportedly garnered a six-week extension from Sprint Nextel to gain approval for use of its 1.6 GHz spectrum assets from the Federal Communications Commission that are currently tied up in interference issues with the GPS community.
The six-week reprieve follows a month-long extension...
Clearwire (CLWR) said it accumulated a company record $362 million in revenues during the fourth quarter of last year, which was more than double the amount posted during the final three months of 2010 and slightly ahead of analyst estimates.
The company noted that revenues...
Mobile technologies in unpaired spectrum have always been a challenge for me. I’m not ignorant of the many local successes of WiMAX and other alternative wireless broadband technologies, but none have really become global movements in the way they would have liked.
We expect to see some traction on the TD-LTE front in India in the second half of 2012. Maravedis forecasts that the TD-LTE subscriber base in India will reach 2.25 million by the end of 2012. RIL, a pan-India license holder, is expected to lead the market in terms of the number of TD-LTE subscribers with a 62% market share in 2012.
Clearwire (CLWR) reported an agreement with China Mobile (CHL) and the Global TD-LTE initiative for common test specifications and joint interoperability testing for the technology across global band configurations, including the 2.3 GHz to 2.7 GHz bands. Clearwire is set to use its 2.5...
Sprint Nextel’s LTE plans received some clarity as CEO Dan Hesse announced the first four markets to receive the carrier’s new network offering scheduled to launch later this year, with plans for 10 markets in its initial launch. Hesse, speaking at the Citigroup Entertainment,...
Clearwire (Nasdaq: CLWR) managed to attract $715.5 million in new funding through a rights offering and deeper investments by parent company Sprint Nextel (NYSE: S) that will allow the company to begin rolling out TDD-LTE technology across its network.
The cash grab, which was announced...
Clearwire (CLWR) has upped the ante in its previously announced stock offering with plans now to raise an additional $50 million through the sale.
Clearwire had originally planned to offer $300 million in Class A stock, plus up to $45 million more to underwriters of...
The past couple of weeks have witnessed several industry events that could reshape what the wireless industry will look like going forward. Those events have been centered on the growing need for wireless carriers to get their hands on spectrum that consumers are devouring...
Clearwire (Nasdaq: CLWR) looks to be making steps to secure its financial future announcing today plans to offer $300 million in Class A stock, plus up to $45 million more to underwriters. The move helps push Clearwire closer to its $400 million to $700...
Clearwire (CLWR) avoided a potential default on an interest payment and secured its near-term future through a new agreement with parent company Sprint Nextel (S). The deal also guarantees the availability of WiMAX services through at least 2015 and ties Sprint Nextel into Clearwire’s...
Clearwire’s (CLWR) dance with financial disaster could be getting more heated as The Wall Street Journal is reporting the carrier could miss a Dec. 1 financing payment. The news sent Clearwire’s stock down more than 20% in late Friday trading to less than $1.50...
DALLAS -- Sprint Nextel has kept wireless network observers busy recently thanks to its Network Vision initiative, which will see the carrier upgrade virtually all of its current cell sites, as well as its more recent announcement to deploy LTE services and begin hosting...
Beleaguered wireless operator Clearwire Corp. said it added a record 1.9 million net wholesale customers to its network during the third quarter, ending the period with 9.5 million total customers on its network.
The carrier said that in combination with a reduction in operating...
To the surprise of few, Sprint Nextel Corp. officially threw its hat into the LTE ring this morning, announcing details of its planned Network Vision upgrade that will see the carrier begin offering LTE-based services by the middle of next year.
Sprint Nextel Corp.’s (S) current network issues could prove to be a positive for the tower industry during the second half of the year, according to a new report from Wells Fargo Securities L.L.C.The report noted that according to industry sources, Sprint Nextel was...
With new rumors that Sprint Nextel Corp. (S) was in line to inherit Apple Inc.'s (AAPL) iconic iPhone device in the coming months, analysts cited a cautious tone on the impact such a move might have.Most would agree that Sprint Nextel has missed out...
Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace.“Palm’s innovative operating system provides an ideal platform to expand HP’s mobility strategy and create a unique...
Reports that Sprint Nextel Corp. (S) is talking to cable companies about an investment that would help it buy the rest of Clearwire Corp. (CLWR) is good news for the tower sector because Clearwire's buildout plans have stalled in 2011, according to Gary...
