Bellevue, United States
Clearwire is a 4G mobile broadband network company with a significant presence, covering over 130 million people in the U.S. and major markets. With a focus on WiMAX technology, it experienced rapid growth, serving 11 million 4G customers by 2011. Positioned in the Internet and Mobile industries, the company was founded in 1998 and headquartered in the United States.
The company's growth aligns with the accelerating global mobile data traffic, set to double annually through 2015. Clearwire's spectrum portfolio positions it for long-term success in the high-data demand, video-oriented 4G environment. Their plan to deploy the first wide-channel TDD-LTE 4G network in the U.S. is an ambitious move, aiming to outperform existing market offerings.
Notably, Sprint made a substantial $80.00M Venture Round investment in Clearwire on 27 February 2013, a move that underscored investor confidence in the company's potential. This investment confirms the industry's acknowledgment of Clearwire's technological capabilities and growth trajectory.
