Cell phone pioneer Craig McCaw’s wireless broadband company wants to expand its network.
From the Red Herring
Clearwire, a wireless broadband company founded by cell phone service pioneer Craig McCaw, filed for a $400-million initial public offering Thursday with the U.S. Securities and Exchange Commission.
Mr. McCaw started the company in October 2003 and Clearwire launched in its first market in August 2004.
The company's broadband network combines cellular, cable modem, DSL, and Wi-Fi technologies.
Clearwire's subsidiary, NextNet Wireless, sells broadband wireless NLOS (non-line of sight) technology that has been deployed in Africa, Asia, Europe, and the Americas.
In March 2006, BCE, the parent company of Bell Canada, and Rogers Communications, another phone company in Canada, launched a broadband wireless network using NextNet's NLOS technology.
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Posted by Digital City to Digital City Forum Digest at 5/12/2006 12:24:00 PM