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Clearwire's CEO, other execs resign

3/10/2011 10:23 PM EST
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kdboyce
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re: Clearwire's CEO, other execs resign
kdboyce   3/15/2011 6:29:22 AM
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I think Clearwire's future in the near term revolves around getting their debt issues (and issue) settled, and on whether or not they can attract wholesale customers of their wi-fi services.

selinz
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re: Clearwire's CEO, other execs resign
selinz   3/15/2011 1:43:21 AM
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Does this mean that the 4G has made Clearwire less feasible? Is clearwire is done?

kdboyce
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re: Clearwire's CEO, other execs resign
kdboyce   3/11/2011 6:14:12 AM
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Recent efforts by Clearwire to sell some of their spectrum to T-Mobile had not gone thru to date, and they were cutting back on some commitments to the retail market in favor of the wholesale market. Plus Sprint which owns ~50% of Clearwire already did not take up an option to acquire more by purchasing about $200M of Clearwire debt. Taken together, it represents a shift in strategy as well as circumstances. These kinds of shifts almost always involves some personnel shifts, voluntarily or not.

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