Clearwire Corporation builds and operates wireless broadband networks that enable Internet communications. Its wireless broadband networks cover entire communities and deliver a high-speed Internet connection that not only creates a new communications path into the home or office, but also provides a broadband connection anytime and anywhere within its coverage area. It offers services in both domestic and international markets. The Company’s services consist primarily of providing wireless broadband connectivity, but in some of its domestic markets, it also offers voice-over Internet protocol (VoIP) telephony services. As of December 31, 2008, The Company operated its networks in 51 markets in the United States and Europe covering approximately 18.2 million people, and as of December 31, 2008, it had approximately 475,000 wireless broadband subscribers. The Company’s networks in the United States were deployed in 47 markets and covered an estimated 15.3 million people.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 June 2009, Clearwire Corporation's revenues increased from $0 to $194.5M. Net loss decreased 28% to $226.9M. Revenues reflect the revenues from operations of market from old Clearwire. Lower loss reflects higher gross margins and significant decrease in income tax expenses for the period. The company Clearwire Corporation is the leading provider of wireless broadband services.
Company Address
Clearwire Corporation
4400 Carillon Point Kirkland WA 98033
P: +1425.2167600 F: +1425.2167900