The world’s biggest carrier in terms of subscribers, China Mobile, is testing interoperability specifications for the time division flavour of LTE (TD-LTE) with US operator Clearwire.
US WiMAX player Clearwire has announced that it has raised $715.5m from its shareholders to fund its deployment of 4G LTE technology. The firm said it will use the funds for operations and maintenance as well as new network construction.
As CTO of US carrier Sprint Nextel, Stephen Bye presides over one of the most complex combinations of network technologies within the mobile industry. Bye talks to Telecoms.com about his preparations for the next phase of the carrier’s technological evolution and the long-awaited, yet still not officially announced, move to LTE.
In a week during which the UK distinguished itself as the “Whiplash Capital of Europe” thanks to its rep for filing dodgy insurance claims, The Informer is pleased to note that, in the technology world at least, injury-preventing U-turns have been the order of the day.
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US WiMAX player Clearwire has announced a managed services deal with Ericsson, lending further weight to the expectation that the carrier will soon abandon WiMAX technology in favour of LTE, now established as a global standard. Ericsson also has a managed services deal with Clearwire parent Sprint, another carrier widely believed to be about to switch technological horses to LTE.
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Clearwire has announced the postponement of plans to sell off radio spectrum this year in an effort to raise funds. Following record subscriber growth of 1.8 million in the first quarter of the year and a revenue increase of over $130m, CFO Hope Cochrane said that “With the near-term capital needs of our current business now satisfied, we will be extremely judicious with our spectrum assets.”
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In a telecoms market not noted for competition, Mexico’s MVS Communicaciones’ announcement of plans to invest $1bn in an LTE network as part of a consortium that includes Clearwire and Intel should, in theory, shake things up. The consortium would sell access to its network to a variety of local players, including its rivals, opening up a market that has been dominated by billionaire Carlos Slim’s America Movil.
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US carriers Sprint Nextel and Clearwire have come to an accord over their somewhat unhappy marriage in the US. The pair had been bickering over wholesale prices that Sprint pays to Clearwire for the resale of WiMAX services. In an amendment to their existing agreement, new wholesale pricing terms will see that Clearwire gets a minimum of $1bn from Sprint over the course of 2011 and 2012. This breaks down to a commitment of $300m in 2011, $550m in 2012 and $175m in pre-payments.
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Years of speculation regarding T-Mobile USA’s future ended yesterday with the surprise announcement that AT&T is to buy the embattled telco for $39bn. Rumours regarding the possible sale of T-Mobile USA have been circulating for years but almost always worked on the assumption that the telco would unite with a smaller operator, such as Sprint or, more recently, Clearwire.
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Bill Morrow, CEO of embattled US WiMAX player Clearwire, has resigned his position effective immediately, citing personal reasons. Chairman John Stanton will fill in as interim CEO while the firm searches for Morrow’s full-time replacement. Morrow will act as an advisor to the company during the handover.
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