BELLEVUE, Wash. -- Clearwire Corporation (Nasdaq:CLWR), a leading provider of 4G wireless broadband services in the U.S., today reported its financial and operating results for first quarter 2012.
"The compelling growth of wireless data is driving the need for more spectrum capacity and attracting new entrants to the market," said Erik Prusch, President and CEO of Clearwire. "Clearwire's high capacity LTE Advanced-ready network will sit at the intersection of these two trends.
"Operationally, we are focused on managing our business efficiently and building our LTE network with an eye towards driving further growth in 2013 and beyond. We are also very pleased with the progress in our retail business, and our wholesale business continues to expand with new partners Cricket, FreedomPop and Simplexity, as well as the launch of NetZero's 4G products. We look forward to working with our existing wholesale partners and continuing our dialog with additional potential partners to deliver the value Clearwire's 4G services can provide to their own mobile broadband efforts."
Clearwire LLC (Nasdaq: CLWR)