Sprint Nextel Backs Clearwire Until...

It looks like Clearwire made it’s payment December 1 2011 with the help of Sprint Nextel. Sprint gives them the breathing room they need to continue to survive, for now.
The next big question is, what is next?
Clearwire started life several years ago with much fanfare. Initially they looked hot. However during the last several years the company has disappointed. They offered a high speed wireless data network, but as competitors like AT&T and Verizon rolled their 4G tech into the marketplace, Clearwire lost their luster.
Clearwire has been struggling and needs financial help.
The question is what is the future for Clearwire? We thought this was Sprint Nextel’s 4G wireless data play.
It is not.
Sprint Nextel will use Clearwire until it builds out its own 4G network.
What then for Clearwire? Can they make it? That is the question. I don’t like the hand they are playing at this time.
Sprint Nextel still needs them now so will continue to make sure they remain viable.
What happens next is the big question.
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Please attribute to Jeff Kagan, Tech Analyst with www.jeffKAGAN.com
If you would like to discuss, call me at 770-579-5810 or send an email to jeff@JeffKAGAN.com
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Jeff KAGAN| Tech Analyst w Atlanta based jeffKAGAN.com
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Jeff KaganTitle: Tech Analyst ~ Wireless Industry Analyst ~ Telecom Industry Analyst
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