Clearwire's Cash Craving 649283


Dan Jones, Mobile Editor

November 14, 2007

1 Min Read
Clearwire's Cash Craving

5:15 PM -- A new Craig McCaw profile in the Wall Street Journal hints at how the entrepeneur's Clearwire LLC (Nasdaq: CLWR) WiMax will fund its network expansion in the U.S. now that the firm's deal with Sprint Corp. (NYSE: S) has fallen apart. (See Sprint Reconsiders WiMax Plans and Report: Sprint & Clearwire Split.)

The WSJ, quoting sources, says that Clearwire could turn once again to tech companies for extra money, just as it did when it was a private company. Comcast Corp. (Nasdaq: CMCSA, CMCSK), Google (Nasdaq: GOOG), and Intel Corp. (Nasdaq: INTC) are said to be among those considering investing. Intel has already poured millions into Clearwire in a bid to encourage takeup of WiMax. (See Clearwire's Cash Craving.)— Dan Jones, Site Editor, Unstrung

About the Author(s)

Dan Jones

Mobile Editor

Dan is to hats what Will.I.Am is to ridiculous eyewear. Fedora, trilby, tam-o-shanter -- all have graced the Jones pate during his career as the go-to purveyor of mobile essentials.

But hey, Dan is so much more than 4G maps and state-of-the-art headgear. Before joining the Light Reading team in 2002 he was an award-winning cult hit on Broadway (with four 'Toni' awards, two 'Emma' gongs and a 'Brian' to his name) with his one-man show, "Dan Sings the Show Tunes."

His perfectly crafted blogs, falling under the "Jonestown" banner, have been compared to the works of Chekhov. But only by Dan.

He lives in Brooklyn with cats.

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