Money woes may slow Clearwire WiMAX rollout

Wed, Feb 11th, 2009

A lack of funds may slow the rollout of WiMax by Clearwire, an entity formed from Sprint Nextel's fourth-generation (4G) networking division and a company founded by cellular pioneer Craig McCaw. The company had planned to build wireless broadband networks that would pass 150 million people by the end of 2010.

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