O plan to cut its workforce by 15 percent made investors nervous about its prospects for new funding, sending its shares down. Sprint has said it is in talks with Clearwire about the prospects for new funding. The company, which set up a special board committee to examine its options, has also stated other options including selling wireless airwaves it does not need and taking on new debt.
Clearwire's open all-IP network, combined with significant spectrum holdings, provides substantive network capacity to deliver next-generation broadband access. Cisco projects that mobile data traffic will increase a thousand-fold over the seven years from throughwith video being a significant component.
This rapid growth provides the primary reason why Clearwire, enabled by Cisco, is building a data-centric 4G network across the United States. Cisco will be the primary IP network solution provider for Clearwire's 4G network, enabling consumers clearwire business plans businesses in the United States to access Internet applications and enjoy a Connected Life at home, at work and on the move.
With more than 80, nodes installed, the Cisco Series Routers are high-performance, intelligent and service rich routers designed for deployment at the network edge where performance, IP-enabled services, redundancy and fault resiliency are critical requirements.
Cisco's powerful combination of intelligence and performance brings Clearwire closer to their customers by enabling a tailored experience with personalized services to their end users.
Cisco and Clearwire will jointly develop and implement go-to-market plans that will benefit from Cisco's extensive distribution channels and presence with consumers and businesses of any size, which will assist to enhance and expand CLEAR mobile WiMAX services throughout the United States.
This developers' network will bring 4G wireless service to campuses of some of the world's leading technology innovators including early participants Google Inc. Service is expected to be available to developers by late summer of this year, giving them a head start on the Bay Area's commercial service launch which is planned for Service will be provided free to a limited number of qualified developers for one year.
To qualify, developers must register for Clearwire's developer program and describe the products or business ideas they wish to pursue. Interested developers can pre-register at http: The OPA is a consortium of companies formed in June to advance a competitive, open intellectual property rights model, thus stimulating a larger WiMAX industry that supports innovation through broader choice and lower equipment and service costs globally.
Clearwire First Quarter Earnings In addition, Clearwire will announce its first quarter financial results later today at approximately 4 p. The financial release will be posted at http: Clearwire executives will host a conference call and webcast following the release at 4: A live broadcast of the conference call will be available online on the company's Investor Relations website located at: Interested parties can access the conference call by dialingor outside the United Statesfive minutes prior to the start time.
The passcode for the call is Find More Information Online:Sprint is in the process of implementing major enhancements to the Sprint 4G LTE Network, including the deployment of Sprint Spark, an enhanced LTE network capability, by repurposing the CLEAR 4G (WiMAX) Network and Clearwire Expedience Network.
Zip Code , Round Rock, Texas. Sprint 4G has been working great until last night. Now it connects just fine to 4G, but my browser is sent "only" to the ClearWire home page which wants to sell me the ClearWire service.
As an independent board of a significant Delaware public company, the Clearwire Board has only engaged in review and oversight of business plans and annual budgets presented to the Board by Clearwire management and has not undertaken development or redrafting of budgets.
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If and when Clearwire deploys LTE, it plans to keep the WiMax network running for at least a few years. The company has so much spectrum it can accommodate both systems and offer services on both. Clearwire May Go Bankrupt By Next Year. a mere pittance when compared with the nearly $6 billion that has been poured into the business.
Clearwire hoped that would be enough to mollify an.