Morrow says Clearwire could raise money by selling off unneeded spectrum. However, Morrow said that the company's preference is to get an equity investment from a service provider that would rent space on its network at a preferred rate, similar to the deal Sprint Nextel has with Clearwire. Sprint holds a 54 percent stake in Clearwire.
Friday, September 24, 2010
Clearwire Open to T-Mobile Investment
Clearwire CEO Bill Morrow says Clearwire now is in talks with T-Mobile USA about a potential investment in Clearwire, a move with repercussions now only for Clearwire and T-Mobile USA, but also for Harbinger Capital, which is attempting to fund its "LightSquared" 4G mobile network, and has been hoping it could attract T-Mobile USA as an anchor customer, one might argue.
Morrow says Clearwire could raise money by selling off unneeded spectrum. However, Morrow said that the company's preference is to get an equity investment from a service provider that would rent space on its network at a preferred rate, similar to the deal Sprint Nextel has with Clearwire. Sprint holds a 54 percent stake in Clearwire.
Morrow says Clearwire could raise money by selling off unneeded spectrum. However, Morrow said that the company's preference is to get an equity investment from a service provider that would rent space on its network at a preferred rate, similar to the deal Sprint Nextel has with Clearwire. Sprint holds a 54 percent stake in Clearwire.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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