Clearwire announces cuts as losses deepen
If US WiMAX outfit Clearwire, in many ways the poster child of the WiMAX industry, has announced a raft of cost saving measures on the back of disappointing financial results. The firm published its Q3 results this week, with losses for the quarter hitting $139.4m, compared to $82.4m for the same period in 2009. More worrying, the firm conceded that it has yet to sort out funding for its future evolution, hence the cutbacks















