Clearwire Slashes Staff, Halts New Stores, Delays Smartphones
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the world without clearwire
I wonder what that would be like. Probably just the same.
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I don't understand all this stuff about Clear running out of funds! They have something like 54+ markets, aren't there people paying bills monthly. That's cash flow.
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Perhaps the interest from dept that was created in order to build their network footprint is higher then their net income.
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tubbyNov 4, 2010, 5:52 PM
^^That would be the correct answer. They would need much more than the small income they currently have to build-out a sizeable footprint. They are super small in the grand scheme of things and are trying to outpace much larger companies at getting 4g nationwide. They are running in a race they can't win.
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Any network buildout or rebuild eats an enormous amount of capital. This is why 4G will rollout relatively slowly
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38 markets at launch by Verizon doesn't seem like a slow rollout to me.
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tubbyNov 4, 2010, 6:13 PM
From what I understand VZW will pass what Clear has by the end of the year or soon after? Is this correct?
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Unless Verizon has slowly been working on those 38 markets for a while now. 🙂
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Cash cow , Highly likely and I think I ready somewhere on here that they had already been testing it for a while.
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I meant to say highly unlikely do to being a cash cow. Sorry folks 😳
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Well the difference, VZW will open in major markets, while Clear/Sprint had good WiMAX coverage till recently inplaces like Fecesville, AK. They're just NOW rolling out in NYC. I will give them they did do Houston good, but mediocre in Philly and Baltimore.
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Vegas has GREAT coverage 🙂
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