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Browse: Home / BrightHouse

BrightHouse

Google Sells Off Clearwire Stake at Massive Loss, Triggers Market Selloff

Google Sells Off Clearwire Stake at Massive Loss, Triggers Market Selloff

By Humberto Saabedra on February 24, 2012

In its latest 10-K filing with the SEC, Google has revealed that it has sold off its minority stake in Clearwire for $47 million in cash, which represents nearly 9.5 percent of its original $500 million investment in the ISP and signals the beginning of the exodus for the initial investors that made up the […]

Posted in Clearwire, Google, LTE, WiMAX | Tagged BrightHouse, Clearwire, Google, Intel, LTE Advanced, time warner, WiMAX

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