Verizon Communications Inc. (NYSE: VZ) is planning to spend "a little over $17 billion," according to CTO Dick Lynch. Some of that money will go toward a new Long-Term Evolution wireless broadband network. (See MWC 2009: Verizon Picks LTE Vendors.)
Clearwire LLC (Nasdaq: CLWR), meanwhile, is expecting to spend between $1.5 billion and $1.9 billion on mobile WiMax network buildout in 2009. (See Clearwire Preps $1.5B Deployment in '09.)
Granted, Clearwire is purely focusing on a single network technology rather than deploying both wired and wireless technologies. Nonetheless, the difference is pretty striking.
— Dan Jones, Site Editor, Unstrung