Whole Network Emerging Tech Fixed-Mobile Co... Mobile RFID Ultrawideband Wi-Fi WiMax/WiBro

 

Clearwire (Re-)Files for IPO

Filed in archive WiMax/WiBro by jeff goldman on December 20, 2006

Clearwire (Re-)Files for IPO

The Seattle Times' Tricia Duryee reports today that Clearwire has once again filed plans to raise $400 million in an IPO -- this after announcing and then canceling similar plans earlier this year.


"This time, the Kirkland company has a lot more cash in the bank and thousands more subscribers and is operating in more markets," Duryee writes. "If successful, Clearwirelinks's IPO would be the second largest in Washington after AT&T Wireless, which raised $10.6 billion in 2000."


According to the filing, the IPO will serve to support the company for the next 12 months. The shares will trade on NASDAQ under the tickler CLWR.


Despite the IPO, Duryee says, founder Craig McCaw will retain full control of the company. "After the public offering, control will remain in the hands of both McCaw and Intel due to a two-class stock structure in which they hold shares with 10 times the voting clout of the shares being sold to outside investors," she writes.


More here from GigaOM's Katie Fehrenbacher.








Permalink: Clearwire (Re-)Files for IPO
Tags: Clearwire  IPO  Craig  McCaw  WiMax  wireless  NASDAQ  CLWR  clearwire  clearwire+files 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/46609





RSSrss   | See all blog subscribe options
Google google   |   What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter
Grouptivity

Use the search to look for other interesting posts



 
  • Advertise with us

  • Learn more about our advertising options or email advertising - at - creative-weblogging.com or give us a call at +1 (650) 331 4900.
  • Marketplace



  • Testimonials

  • 'I would highly recommend you to this well written and informative site.'
Subscribe to this blog on your phone




  • Other blogs in the same channel in the Creative Weblogging Network







 

Tagcloud: 4G 700 MHz Bluetooth Emerging Tech Fixed-Mobile Convergence Mobile RFID Sponsored Posts Ultrawideband Wi-Fi WiMax/WiBro WirelessHD