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Intels Largest EVER Wireless Investment is $600m into Clearwire. Joins Motorola

  • 10-07-2006 4:40pm
    #1
    Sponge Bob
    Banned (with Prison Access) Posts: 25,234 ✭✭✭✭


    $900M

    From

    http://telephonyonline.com/home/news/CLearwire_WiMAX_Motorola_070706/
    Motorola is acquiring NextNet Wireless, the broadband wireless equipment owned by Clearwire, which also has been the exclusive supplier of equipment for Clearwire's network. The deal puts Clearwire on a path to deploy Motorola’s WiMAX gear, and also may have broader significance for a WiMAX community that is anxiously awaiting word from another major service provider—Sprint—about whether or not it will deploy WiMAX.

    The NextNet acquisition was announced in conjunction with a separate investment of $300 million that Motorola is making in Clearwire, and a simultaneous $600 million investment the service provider is receiving from Intel. That financing is the most money Intel Capital has ever invested in a wireless firm (It previously invested an undisclosed amount, believed to be around $20 million, in Clearwire in late 2004). This week’s funding infusion has inspired Clearwire to put off plans for the initial public offering that it filed for just two months ago, and through which it had planned to seek about $400 million in financing.

    The acquisition and the investment would seem to lock in Motorola as Clearwire’s future chief supplier of WiMAX network equipment, if not it’s only supplier. “What Motorola has bought here is Clearwire as a customer,” said Monica Paolini, founder and president of Senza Fili Consulting. “That is big because it is something no one else has been able to do.”

    Indeed.


Comments

  • #2
    Altreab
    Registered Users, Registered Users 2 Posts: 667 ✭✭✭Altreab


    Sponge Bob wrote:
    $900M

    From

    http://telephonyonline.com/home/news/CLearwire_WiMAX_Motorola_070706/



    Indeed.


    How is this likely to affect the Irish market?


  • #3
    eircomtribunal
    Closed Accounts Posts: 1,144 ✭✭✭eircomtribunal


    There's a two page article on the 2.3, 3.5, etc spectrum-, including Clearwire-issue concerning NZ on the Register http://www.theregister.co.uk/2006/07/10/nz_wimax_specturm_debate/
    P.


  • #4
    Sponge Bob
    Banned (with Prison Access) Posts: 25,234 ✭✭✭✭Sponge Bob


    Different rules, different regulators and more vision in NZ I am sure :(

    2.3Ghz is squatted by Eircom . I commented on the issues recently both here and also here in more detail

    2.5Ghz is squatted by Comreg. It was talen off NTL/Chorus 2 or 3 years ago and is reserved for 3g EXPANSION....if the feckers can prove they need it. This is only likely to happen in Urban areas as things stand although HSDPA and Flat Rate packages may accelerate the requirement. 2.5Ghz in the states is BB spectrum not 3G spectrum so the issues and licencing priorities are different . NZ is in between .

    3.5Ghz is suboptimal and is what Clearwire use here.

    3.6-4.2ghz are also suboptimal but may come up for licencing soon ... ya never knows :p


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