Thursday, September 9, 2010

Bloomberg: Clearwire Considers Spectrum Auction for New Funding

Clearwire is considering bids for some of its spectrum in an effort to raise the additional funding needed to complete the buildout of its own network, according to Bloomberg. The report estimates that bids could bring in $2.5 to $5 billion and prospective purchasers include the leading U.S. wireless carriers.

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