Clearwire Corporation was a telecommunications operator which provided mobile and fixed wireless broadband communications services to retail and wholesale customers in the United States, Belgium, Ireland and Spain.
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Clearwire Corporation was a telecommunications operator which provided mobile and fixed wireless broadband communications services to retail and wholesale customers in the United States, Belgium, Ireland and Spain.
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In 2012, Clearwire moved the company headquarters to Bellevue, Washington.
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Large percentage of Clearwire shares were previously owned by a number of large companies including Sprint Nextel Corporation, Comcast Corporation, Time Warner Cable Inc, Bright House Networks, LLC, Google Inc and Intel Corporation.
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Clearwire provided services to 88 markets in the United States covering 134 million potential subscribers.
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Clearwire provides service to customers in 17 U S cities using the Motorola Expedience 802.
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Clearwire was ranked as the fifth largest wireless provider in the U S, prior to being acquired, with roughly 11 million subscribers who used the WiMAX network as of January 2012.
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Clearwire Technologies was formed by a number of investors including Sierra CEO Jim Gero and Edward "Rusty" Rose, a former co-managing partner of the Texas Rangers.
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Clearwire Technologies raised about US$100 million from Goldman Sachs, in conjunction with another client who held licenses for spectrum allocated to various educational institutions; the former Instructional Television Fixed Service band now known as EBS or Educational Broadband Service.
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Clearwire filed for its initial public offering with the Securities and Exchange Commission in May 2006.
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Clearwire's underwriters included Merrill Lynch, Morgan Stanley and JPMorgan Chase.
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Clearwire offered 24 million shares at $25 a share, and raised approximately US$600 million.
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Over a period of approximately six months, a bidding war with DISH Network for Clearwire occurred, ultimately resulting in Sprint increasing its offer price for Clearwire to $5 per share.
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In 17 markets in the United States and certain markets in Belgium, Clearwire provides a service it refers to as "Pre-4G" using a Point-to-Multipoint system from Motorola called "Expedience", part of the MOTOwi4 family of products.
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Clearwire offered 4G WiMax service in Belgium under the Clearwire brand.
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Clearwire offers Expedience based services in 17 markets in the United States and in certain markets in Belgium.
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Clearwire offers its own Voice over IP service in some areas for an additional monthly fee.
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The settlement allows Clearwire to continue throttling connections under certain circumstances as long as their advertising reflects this.
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