Sprint Announces Formal Termination of LightSquared Agreement
Sprint officially announces termination of network hosting and spectrum agreement with LightSquared
Report: Sprint to Abandon LightSquared Deal, Shores Up More Wholesale LTE Deals
Bloomberg has filed a report citing sources within Sprint that states that the carrier will be walking away from its network sharing deal with LightSquared in light of the network’s struggles to remain viable in the wake of the FCC’s recent revocation of its provisional approval for LightSquared to launch its planned LTE network. For […]
Google Sells Off Clearwire Stake at Massive Loss, Triggers Market Selloff
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 […]
LightSquared Close to Bankruptcy, Misses Key Payment and Lays Off Workers
The bad news is piling on for embattled network LightSquared, as the company has missed a key payment to satellite network operator Inmarsat as it scrambles to remain in business following last week’s FCC decision to reject the network rollout until the company can reassure the regulator that its planned LTE network will not interfere […]
Clearwire Confirms Deactivated CLEAR iSpots Are Bricks
A representative for Clearwire confirmed to PhoneNews.com today that inactive CLEAR iSpot 4G modems are, as of now, glorified bricks. They cannot be reactivated on any Clearwire service, nor can they be converted to standard Clear Spot devices. This follows on our reporting, early this morning, that Clear iSpot devices on suspended monthly service plans […]
Clearwire Quietly Terminates CLEAR iSpot Plans, Gives Until 10th Before Shutdown
It appears that Clearwire Corporation is giving iSpot customers less than 72 hours to sign up for new service. The carrier quietly let customers who have iSpot accounts in suspended animation (or inactive status) know that they have until February 10th to reactivate their service, otherwise their accounts will be terminated. The more shocking news […]
Clearwire Quietly Discontinues New Activations for Legacy Pre-WiMAX Markets
Clearwire confirmed to PhoneNews.com today that they have stopped activating new service for customers in pre-WiMAX markets. This does not affect markets that are selling CLEAR 4G WiMAX coverage, nor does it affect any customers who have already enrolled in Clearwire pre-WiMAX service. The legacy, pre-WiMAX technology dates back to Clearwire founder Craig McCaw’s vision […]
Clearwire Posts Preliminary Q4 Results, Still Treading Water
Following a December filled with changes to its business model in the wake of its forthcoming transition to LTE while continuing to support WiMax until its planned switchover, Clearwire has posted its preliminary fourth quarter 2011 financial results, which see slight improvements in terms of year to year revenue, immediate cashflow and operating profit but […]
Clearwire Adds $35 Entry-Level WiMax Plan
Clearwire has added a new flat-rate access plan to their new contract-free service lineup with a new $35 monthly plan at 1.5Mbps down and 0.5 Mbps up that features no monthly caps, meant for mobile and home use. The new plan follows the move to WiMax only service and flat-rate unlimited service for $50 earlier […]
NetZero Parent Signs Resale Deal With Clearwire
United Online, the parent company best known for creating and developing the NetZero family of online services has announced a new resale deal with Clearwire whereby the NetZero brand will be expanded to offer mobile WiMax service with two new modems and monthly service. While more specific details such as pricing and availability have yet […]