As competition in the 4G wireless market heats up, Clearwire has finalized a deal to create more funding so it can continue building its nationwide 4G wireless network.
It also has released a new product.
The company said today it plans to sell more than $1.1 billion in a debt offering. The company has spent months negotiating and looking for ways to inject more money into the business. The company said last month that without new funding it might not be able to continue building its nationwide WiMax 4G wireless network.
Clearwire is majority owned by Sprint Nextel, the … Read more