Clearwire May Sell Capacity to AT&T, Verizon
Sep 22, 2011, 2:33 PM by Eric M. Zeman
Clearwire CEO Erick Prusch today confirmed that the company is in talks to sell 4G network capacity to AT&T, MetroPCS, and Verizon Wireless. The negotiations are "continuing and getting better," said Mr. Prusch to the Wall Street Journal. "I'm very optimistic. I wouldn't be building the network or trying to raise money if I didn't think customers would be there in the end." Clearwire has been seeking funding in order to stabilize its business. It is currently building out a nationwide WiMax 4G network with Sprint, and now plans to add a TDD-LTE 4G network if it can raise the money to build it. Selling capacity to companies such as AT&T, MetroPCS, and Verizon Wireless would help, though Prusch did not account for the differences in networking technology. Its planned TDD-LTE network would be incompatible with both AT&T and Verizon's own Long Term Evolution networks.
Comments
Incompatible technology and garage 2.5GHz spectrum
iDont Care said:
What makes Clear think AT&T and Verizon would want it
VZW's and AT&T's Upper/Lower 700 MHz spectrum "beachfront property" is akin to two tiny slivers of land on the beach -- enough to build only one...
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