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Thread: Clearwire May Default - Bankruptcy Will Soon Follow

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    Clearwire May Default - Bankruptcy Will Soon Follow

    It doesn't look good unless someone steps forward to pay their bills. Creditors can force them into bankruptcy.

    A link to Google News feed for this.

    http://bit.ly/t5mHi3

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    Oh, come on! You have GOT to be $h!††!n' me!!!





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    I am really disappointed, that this didn't happen MUCH sooner. Maybe it is an unpopular viewpoint, but I have dealt with Clear several times (mostly out of desperation) and consistently found them to be a complete scam. I believe they should go out of business, and in a perfect world they would give me at least a partial refund of all the money I gave them.

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    Or this could be a high stakes game of chicken with Sprint.

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    mod edited: personal attacks are not allowed. If you cannot respond to a post without making it personal, don't respond at all.

    ETA: deleting this edit/warning again would not be advised.
    Last edited by martin_j001; 11-30-2011 at 06:33 PM. Reason: Edited to remove personal attact

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    Looks like they kissed and made up. Hopefully, their LTE transistion won't be so dramatic...http://news.businessweek.com/article...T6EP1CKN6FHN6C

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    Red face

    Quote Originally Posted by fonezfonz View Post
    Looks like they kissed and made up. Hopefully, their LTE transistion won't be so dramatic...http://news.businessweek.com/article...T6EP1CKN6FHN6C
    Cool, thanks for the update. I still don't understand why they're being so quick to abandon WiMax technology in favor of LTE, but as long as the LTE network still gives me truly unlimited usage, and as long as Clear still offers their subscribers options such as Desktop Performance Docks for the USB modems to maximize signal strength and speed, I'll switch to LTE when the coverage is sufficient for it to make sense to do so.

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    Quote Originally Posted by Jack T. Chance View Post
    Cool, thanks for the update. I still don't understand why they're being so quick to abandon WiMax technology in favor of LTE, but as long as the LTE network still gives me truly unlimited usage, and as long as Clear still offers their subscribers options such as Desktop Performance Docks for the USB modems to maximize signal strength and speed, I'll switch to LTE when the coverage is sufficient for it to make sense to do so.
    http://www.fiercewireless.com/story/...ear/2011-12-02

    Under Sprint's existing agreement with Clearwire, Sprint pays Clearwire based on its customers' WiMAX data usage. However, under the terms of a new series of deals Sprint and Clearwire announced Thursday, Sprint will pay Clearwire a flat fee of $926 million for unlimited WiMAX retail services during 2012 and 2013, subject to certain conditions. The agreements also establish long-term usage-based pricing for WiMAX services in 2014 and beyond, and Sprint will have access to Clearwire's WiMAX network through at least 2015.
    Sprint: $40.99 - $73.00 per month
    Sensorly Maps: Sprint LTE active in 26 States

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    Thumbs up

    Quote Originally Posted by 503ducati View Post
    http://www.fiercewireless.com/story/...ear/2011-12-02

    Under Sprint's existing agreement with Clearwire, Sprint pays Clearwire based on its customers' WiMAX data usage. However, under the terms of a new series of deals Sprint and Clearwire announced Thursday, Sprint will pay Clearwire a flat fee of $926 million for unlimited WiMAX retail services during 2012 and 2013, subject to certain conditions. The agreements also establish long-term usage-based pricing for WiMAX services in 2014 and beyond, and Sprint will have access to Clearwire's WiMAX network through at least 2015.
    Very nice. Thanks for that, man. Who's awesome? YOU'RE awesome!

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    Sprint Rescues Clearwire; Remember, This ‘Failed’ Duo Still Leads 4G Market Race

    http://www.sidecutreports.com/2011/1...g-market-race/

    With today’s news about Sprint agreeing to provide $1.6 billion in operating funds to 4G network partner Clearwire, it looks like the death of their pioneering high-speed wireless network will continue to be highly exaggerated.

    I would normally spend more time arguing this point, but — with a new project on my hands — I will remain brief here. What I would like to see out of those who cover topics telecom, however, is more sticking to the facts on the ground and less glib comments that only serve to cloud the picture.

    Fact: When it comes to 4G subscriber market share in the U.S., the Sprint/Clearwire team is still far and away the leader, with somewhere close to 8.5 million 4G device activations by Sprint. I only say “somewhere” because Sprint does not disclose its 4G subscriber numbers, and while Clearwire does report its 4G wholesale numbers — which are almost entirely from Sprint — it won’t offer an exact number. But it’s close enough. In second place is Verizon, whose 4G LTE network just celebrated its first-year anniversary. At the end of Q3, Verizon had by its own count just 3.1 million 4G devices activated. Sprint, meanwhile, has activated approximately 5.2 million 4G devices so far this year, and had about 3.3 million activated during 2010.

    It is also a fact that Verizon has already far surpassed Sprint and Clearwire in terms of markets served, but I would say that even that number (Verizon is in close to 180 4G markets by its own reporting, while Sprint and Clearwire serve 81 at last count) is cloudy, since Verizon doesn’t disclose how thoroughly each “live” market is built out. From personal experience I can tell you that Verizon’s LTE buildout in the San Francisco/Silicon Valley area has a long way to go before it reaches the “red cloud” coverage the company claims on its website. But when it comes to the 4G scoreboard, markets don’t matter as much as paying customers — which is why I strongly disagree with people like this who claim that Sprint and Clearwire have “squandered” their 4G lead. They may be making a big mistake by not building out their network, and they may pay for that in the future. But right now, the facts say that Sprint and Clearwire are still the 4G leaders.

    Opinion: Some people who follow the industry like to see Sprint and Clearwire’s choice of WiMAX as a radio technology a mistake. GigaOM’s Stacey Higginbotham, who covers this market as well as any reporter anywhere, steps into this territory by calling the use of WiMAX a “failed bet.” I would say, that’s also ignoring the facts. When the companies launched their network, WiMAX technology was the only “4G” choice available — LTE equipment and devices weren’t ready yet. And what’s often forgotten, overlooked or not well known (even among those who claim to be experts) is that there were some pretty severe use-it-or-lose-it rules governing the wireless spectrum that Clearwire and Sprint had.

    So their choice was — use WiMAX, or give up the business opportunity. While there will certainly be a price to pay for having to switch to LTE as that technology becomes the mainstream choice, it’s not like Clearwire wasn’t prepared for this outcome. Nobody really listened, but the company did always claim it was “technologically agnostic” and would go with the leader if the market dictated so. Since WiMAX and LTE share many of the same technology underpinnings — most importantly an all-IP networking base — Clearwire won’t have to rip, replace, or completely change its infrastructure to add LTE to the mix. Routers, switches and other back-office gear should work just as well with LTE as WiMAX. And with all the spectrum Clearwire has, it doesn’t need to replace its WiMAX network — it can simply run the new LTE networks side by side.

    In the meantime, Sprint and Clearwire get to collect monthly payments from 8.5 million-plus customers, which they never would have had had they waited for LTE to mature. Since Verizon launched LTE in December of 2010, it has yet to beat Sprint for 4G device sales in a quarter — again, hard to see how the choice of WiMAX is a “failed bet.” It was the right choice at the right time, it gave a startup a leg in the world’s most uncompetitive industry, and it may be the thing that allows Clearwire and Sprint to compete into the future since it didn’t cost them billions in lost infrastructure. I would opine it was a pretty smart bet, because it gave the duo an early-days lead that they still enjoy. And by not losing the spectrum due to unuse, it probably means billions were saved, which may be reaped in the future either as a base for new business or even in a spectrum sale. I’d call that a smart long-term bet, not a failed one.

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    This is incredible I use Clearwire as ISP at home.
    Truly unlimited (no bull) FTW!

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    Quote Originally Posted by Scottish Skyedance View Post
    This is incredible I use Clearwire as ISP at home.
    Truly unlimited (no bull) FTW!
    Sprint likely to re-introduce unlimited WiMAX for tablets, USB modems next year

    Read more: Sprint likely to re-introduce unlimited WiMAX for tablets, USB modems next year - FierceWireless http://www.fiercewireless.com/story/...#ixzz1fWMgi18g
    Subscribe: http://www.fiercewireless.com/signup...FierceWireless

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    Still hard to beat their new unlimited data plans. Puts Virgin Mobile to shame if you're in the right coverage areas...

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    When you look at the coverage maps its interesting to note that Clear is building out in some of the country's most rural areas I believe because they have some government mandate to do so.

    Presque Isle Maine and some other very small communities in that area have Clear.

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