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View Full Version : Clearwire Reports Fourth Quarter and Full Year 2008 Results


sopasesos
03-05-2009, 04:16 PM
http://newsroom.clearwire.com (http://newsroom.clearwire.com/phoenix.zhtml?c=214419&p=irol-newsArticle_print&ID=1263228&highlight=)
Key 2008 Highlights

-Completed Combination with Sprint’s 4G Assets, Resulting in Largest U.S. Mobile Wireless Spectrum Portfolio

-Closed $3.2 Billion Financing Round at $17 Per Share 2008 Pro Forma Revenue Increases 52 Percent Driven by 21 Percent Subscriber Growth and 6 Percent ARPU Increase

-Initial Markets Increase Market EBITDA Margin to 40 Percent in Fourth Quarter 2008

Additional Highlights

-First “Clear” Mobile WiMAX Market Comes Out of the Gate Strong With Initial Sales More Than Double Any of Clearwire’s Prior 47 Market Launches

-Mobile WiMAX Network Expansion Under Way Enabling Coverage of Up To 120 Million Americans Across 80 Markets in 2010

-Atlanta, Las Vegas, Chicago, Charlotte, Dallas/Ft. Worth, Honolulu, Philadelphia, and Seattle Among Cities Going “Clear” in 2009

-New York, Boston, Washington, D.C., Houston and the San Francisco Bay Area Lead List of Planned 2010 Launches

-Clearwire to Launch Dual Mode 3G/4G Modem This Summer Giving “Clear” Subscribers Access to a Nationwide 3G Mobile Data Network

 
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