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Clearwire Gains Subscribers, Remains in the Red

Clearwire gained 1.5 million subscribers in the fourth quarter of 2010 and more than doubled its revenue, but lost US$128 million. The mobile WiMax operator ended the year with 4.4 million subscribers, up from 688,000 a year earlier. Clearwire said its network now reaches 119 million potential subscribers around the U.S., nearly meeting its target of 120 million by the end of 2010. The company raised about $1.4 billion through a debt offering in early December but kept its austerity measures in place.”]

Source: https://www.csoonline.com/article/2127196/clearwire-gains-subscribers–remains-in-the-red.html

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