Archive for the 'WiMAX' Category

Clearwire cancels it’s IPO

I guess when you raise $900 million, you really don’t need to raise another $400 million via IPO.
The New York Times reported that Clearwire has cancelled it’s planned IPO to raise $400 million dollars after the recent investments by Intel and Motorola.
BeyondGenius speculates that companies only invest that much money in another company if they [...]

July 8th, 2006 | Posted in Corporate Life, Google, Intel, Motorola, Silicon Valley, Technology, VOIP, WiMAX | No Comments

Goodbye AT&T, Cingular, and Comcast; Hello Clearwire… and Google?

Reuters reported today that Intel Corp.’s venture capital arm (invested $600 million) and Motorola Ventures, the venture capital unit of Motorola Inc., are participating in a financing round totaling $900 million for Clearwire Corp., a wireless Internet provider founded by telecommunications pioneer Craig McCaw.  This is in additon to the announcement in May, where Clearwire [...]

July 5th, 2006 | Posted in Cellular, Corporate Life, Google, Intel, Motorola, Silicon Valley, Technology, VOIP, WiMAX | No Comments