Clearwire is weighing whether to make a big debt payment that comes due in two weeks, a decision that could prove a turning point for a company that had hoped to cover the country with wireless broadband service. Failure to make the payment could raise concerns about whether the company can stay out of bankruptcy court.
Comment & Analysis: While Clearwire had great goals and objectives, they didn't have sufficient funds to complete their mobile WiMAX buildout. Majority owner Sprint, didn't do them any favors by constantly wrangling and arguing with the firm. The LTE TDD buildout is now also in jeopardy, as are all the exising Sprint "4G" subscribers! What will happen to them if CLEAR 4G is turned off on Jan 1, 2012?
Why haven't Comcast and TW Cable been more aggressive in reselling "Clear 4G?" Is it lack of WiMAX devices, support issues or the MSOs giving up on mobile broadband and focusing instead on Business Class services?
And where is former #1 WiMAX Cheerleader Intel (a major Clearwire and UQ Communications investor) in all of this?
We hope that Clearwire makes the debt payment and can get funding from its current investors. If not, all of Sprint's WiMAX initiatives, including the brilliantly done M2M communications, will be for naught!