Thursday, November 4, 2010

Clearwire announced third quarter earnings

clearwire:the company that actually provides the 4G data service for Sprint — announced its third-quarter earnings today. Revenue was at $147 million — up 114 percent over last year, and subscribers increased to 2.84 million — a 402 percent increase year over year.

But it was the following statement that started to send us into a small tizzy:

“While we continue to exceed our subscriber and operational goals, we have not yet secured future funding and prudence dictates that we t

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