CLEARWIRE CORP 'A' : Clearwire Launches Clear Modem with Wi-Fi
12/02/2010| 09:05am US/Eastern
Corporation (NASDAQ:CLWR), a leading provider of wireless broadband
services and operator of the first 4G network in the country, today
announced the availability of the Clear Modem with Wi-Fi. The new modem
brings super fast CLEAR® 4G service to the home or office,
simplifying local area networking with an end-to-end wireless solution.
The Clearwire 4G network offers average mobile download speeds of 3 to 6
mbps with bursts over 10 mbps.*
Clear Modem with Wi-Fi (Photo: Business Wire)
?Now our customers can get broadband Wi-Fi internet throughout their
house, with one simple device about the size of a book – and
without a rat's nest of wires,? said Mike Sievert, Chief Commercial
Officer at Clearwire. ?Our new Clear Modem with Wi-Fi makes it easier
than ever to connect the Wi-Fi devices that customers already have at
home, such as laptops and desktops, tablets, iPods, and smartphones,
without needing a wired connection to the cable or phone company.?
The Clear Modem with Wi-Fi is part of a growing ecosystem of nearly 70
devices on the market today that enable customers to connect to CLEAR
4G. The Clear Modem with Wi-Fi offers secure Wi-Fi connectivity to
802.11b/g/n capable devices and supports Windows XP SP2, Windows Vista
32/64, Windows 7 32/64 and Mac OS8 or higher.
Price and Availability
The Clear Modem with Wi-Fi is available nationwide from http://www.clear.com
and from CLEAR retail stores and authorized dealers beginning today. The
Clear Modem with Wi-Fi can be purchased for $120 or leased for $7 per
month. Monthly data service starts at $35. CLEAR home service customers
can add home voice service, with unlimited local and long distance
calling in the U.S., Canada and Puerto Rico, for just $15 per month.
Stay Connected – At Home or On the Go
Clearwire offers multiple ways, in addition to the Clear Modem with
Wi-Fi, to connect to CLEAR 4G service – via a modem, mobile device, or a
4G-embedded laptop or netbook.
Clear Spots are personal mobile hotspots that allow users to easily and
securely share unlimited internet access anywhere CLEAR has coverage
simultaneously with up to eight Wi-Fi-enabled devices. The Clear Spot 4G
brings 4G to Wi-Fi devices such as laptops, smartphones, and portable
gaming devices. The Clear Spot 4G+ allows power users and road warriors
to stay connected across the U.S. by automatically switching from 4G and
connecting to Sprint's 3G nationwide network outside the 4G coverage
area. The iSpotTM is made exclusively for Apple mobile
devices** including the iPadTM, iPod touch® and
iPhone®. The Clear Spot 4G and iSpot each cost $99 or the
Clear Spot 4G can be leased for $5 a month. The Clear Spot 4G+ costs
$225 or can be leased for $9 per month. Clear Spots can be purchased at www.clear.com/spot.
Clear 4G+ Mobile USB: Mobile users simply
plug-in the compact Clear 4G+ Mobile USB into their laptop to get
online. This dual-mode 4G/3G modem gives users access to the 4G network
in the CLEAR coverage area and to 3G coverage nationwide. The Clear 4G+
Mobile USB costs $115 or can be leased monthly for $6.
Embedded 4G WiMAX Laptops: Customers can
also select from more than 45 different 4G WiMAX-ready laptops and
netbooks with Intel® CoreTM or AtomTM
processors and the embedded Intel® wireless module Advanced-N
+ WiMAX from leading manufacturers including Dell, HP, Sony, Lenovo,
Toshiba, Samsung, Gateway, and Asus. All of these operate on CLEAR, and
more than 20 of these 4G WiMAX-ready laptops are now available at Best
Buy stores and at www.bestbuy.com.
Clearwire's 4G Network in 2010
CLEAR 4G service is currently available in 68 markets across the United
States, including: Sacramento, Merced, Visalia, Los Angeles, Modesto and
Stockton, Calif.; New Haven and Hartford, Conn.; central Washington,
D.C.; Wilmington, Del.; Miami, Tampa Bay, Orlando, Daytona Beach and
Jacksonville, Fla.; Atlanta and Milledgeville, Ga.; Honolulu and Maui,
Hawaii; Boise, Idaho; Chicago, Ill.; Boston, Mass.; Baltimore, Md.;
Grand Rapids, Mich.; Minneapolis/St. Paul, Minn.; St. Louis and Kansas
City, Mo.; Charlotte, Raleigh, and Greensboro, N.C.; Trenton and New
Brunswick, N.J.; New York, Syracuse and Rochester, N.Y.; Las Vegas,
Nev.; Cincinnati, Columbus, and Cleveland, Ohio; Salem, Portland and
Eugene, Ore.; Pittsburgh, Philadelphia, Harrisburg, Reading, Lancaster
and York, Pa.; Providence, R.I.; Nashville, Tenn.; Dallas/Ft. Worth,
Houston, San Antonio, Austin, Abilene, Amarillo, Corpus Christi,
Killeen/Temple, Lubbock, Midland/Odessa, Waco and Wichita Falls, Texas;
Salt Lake City, Utah; Richmond, Va.; Seattle, Tri-Cities, Yakima and
Bellingham, Wash. By the end of 2010, CLEAR 4G will also be available in
other major metropolitan areas such as Denver and the San Francisco Bay
For more information about CLEAR, visit The CLEAR Blog www.theclearblog.com.
You can also follow CLEAR information on Twitter at @Clear. Information
about Clearwire is available at http://www.clearwire.com.
For press and broadcast: images, video and company logos are available
from the Clearwire Newsroom at www.clearwire.com/newsroom.
To subscribe to Clearwire's RSS news feed, click here.
Clearwire Corporation (NASDAQ: CLWR), through its operating
subsidiaries, is a leading provider of wireless broadband services.
Clearwire's 4G network currently provides coverage in areas of the U.S.
where approximately 103 million people live, and the company plans to
continue to expand its 4G coverage. Clearwire's open all-IP network,
combined with significant spectrum holdings, provides an unprecedented
combination of speed and mobility to deliver next generation broadband
access. The company markets its 4G service through its own brand called
CLEAR® as well as through its wholesale relationships with
Sprint, Comcast and Time Warner Cable. Strategic investors include Intel
Capital, Comcast, Sprint, Google, Time Warner Cable, and Bright House
Networks. Clearwire is headquartered in Kirkland, Wash. Additional
information is available at www.clearwire.com.
*Speed claims based on download speeds only. Actual performance may
vary and is not guaranteed. CLEAR performance claim is based on average
download user speeds achieved during tests performed on the CLEAR
commercial network by CLEAR. Other carrier performance based on their
**Apple does not endorse Clearwire products or services and is not
affiliated with Clearwire.
Unlimited plans subject to CLEAR's Acceptable Use Policy, posted at www.clear.com/legal/aup.
Clearwire, CLEAR, and the CLEAR logo are trademarks or registered
trademarks of Clearwire Communications LLC in the United States and/or
other countries. All other company or product names are trademarks of
their respective owners.
This release, and other written and oral statements made by Clearwire
from time to time, contains forward-looking statements which are based
on management's current expectations and beliefs, as well as on a number
of assumptions concerning future events made with information that is
currently available. Forward-looking statements may include, without
limitation, management's expectations regarding future financial and
operating performance and financial condition; proposed transactions;
network development and market launch plans; strategic plans and
objectives; industry conditions; the strength of the balance sheet; and
liquidity and financing needs. The words "will," "would," "may,"
"should," "estimate," "project," "forecast," "intend," "expect,"
"believe," "target," "designed," "plan" and similar expressions are
intended to identify forward-looking statements. Readers are cautioned
not to put undue reliance on such forward- looking statements, which are
not a guarantee of performance and are subject to a number of
uncertainties and other factors, many of which are outside of
Clearwire's control, which could cause actual results to differ
materially and adversely from such statements. Some factors that could
cause actual results to differ are:
We are an early-stage company with a history of operating losses
and we expect to continue to realize significant net losses for the
Our current and future plans are subject to a number of conditions
and uncertainties, including among others, our ability to manage
ongoing market development activities, our performance in launched
markets and our access to additional funding.
We regularly evaluate our plans, and we may elect to pursue new or
alternative strategies which we believe would be beneficial to our
business, including among other things, modifying the pace at which we
build our 4G mobile broadband networks, augmenting our network
coverage in markets we launch, changing our sales and marketing
strategy and or acquiring additional spectrum. Such modifications to
our plans could significantly change our capital requirements.
We believe that we require substantial additional financing to
maintain our current business plans, and if we are unable to raise
such financing on acceptable terms we will need to modify our plans
We may fail to realize all of the anticipated benefits of the
transactions with Sprint and the strategic investors.
We have deployed a wireless broadband network based on mobile WiMAX
technology, and would incur significant costs to deploy alternative
technologies. Additionally, such alternative technologies may not
perform as we expect on our network and deploying such technologies
would result in additional risks to the company.
We currently depend on our commercial partners to develop and
deliver the equipment for our legacy and mobile WiMAX networks.
Many of our competitors are better established and have
significantly greater resources, and may subsidize their competitive
offerings with other products and services.
Our substantial indebtedness and restrictive debt covenants could
limit our financing options and liquidity position and may limit our
ability to grow our business.
Sprint Nextel Corporation owns a majority of our shares, resulting
in Sprint holding a majority voting interest in the Company, and
Sprint may have, or may develop in the future, interests that may
diverge from other stockholders.
Future sales of large blocks of our common stock may adversely
impact our stock price.
For a more detailed description of the factors that could cause such
a difference, please refer to Clearwire's filings with the Securities
and Exchange Commission, including the information under the heading
"Risk Factors" in our Annual Report on Form 10-K filed on February 24,
2010 and our Quarterly Report on Form 10-Q filed on November 4, 2010.
Clearwire assumes no obligation to update or supplement such
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