mocoNews - Clearwire Goes To Vegas; Sprint Announces 4G Piggy-Backing Plans
Tuesday, July 21, 2009; 1:59 PM
Clearwire (NSDQ: CLWR) officially started selling its WiMax mobile internet service today in Las Vegas, covering about 1.7 million residents within a 638 square-mile area. In addition, Sprint (NYSE: S) announced some of its plans for starting to sell a Sprint-branded 4G service using Clearwire's network. Release.
In August, Sprint said it will start offering mobile broadband in Las Vegas, Atlanta and Portland-the three markets where Clearwire has officially rolled-out a network. Sprint, which owns a 51 percent stake in Clearwire, said it will offer speeds of more than 10 Mbps down and 3 to 6 Mbps up. More information, such as pricing plans, will be available in August.
Sprint joins Comcast (NSDQ: CMCSA), which is already selling services in Portland. With three major service providers increasing their sales efforts, the company may begin to gain some momentum. Next up this year, Clearwire will launch networks in areas, including Chicago, Charlotte, Dallas/Ft. Worth, Honolulu, Philadelphia and Seattle.