The CEO says the company does have the money, or, at least, can get it:
- We do -- $2.5 billion -- which gets us to the 75 million [potential customers] level, but we're planning for 120 by the end of next year. But as I've told many of the analysts, I'm confident we're going to get the funds. It will be there. It's more what terms we will have and how that will look, that's really what were more focused on and looking at right now.
Rolling a new greenfield network out at the rate Clearwire is doing it is a challenging and expensive business that can be beset with unforeseen extra costs. Nonethless, in today's environment, going to market could be challenging.
It seems more likely to me that Clearwire will be approaching partners old and new for additional cash. Intel Corp. (Nasdaq: INTC) probably isn't going to let its WiMax hopes fade yet; the cable companies have tied their colors to Clearwire's mast; and it will be interesting to see if Cisco Systems Inc. (Nasdaq: CSCO) and maybe even Huawei Technologies Co. Ltd. could stump up more cash.
— Dan Jones, Site Editor, Unstrung