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Clearwire CEO gets ambiguous over LTE

by Sylvie Barak on 10 November 2009, 09:30

Tags: Intel (NASDAQ:INTC), Clearwire

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Put up or shut up

It seems that now Google is also toughening up and taking a similar hard line, with news today that the Internet giant would also not be providing Clearwire with any more financial assistance.

"We have already made a significant financial investment, and at this point we think the best way we can continue to add value is through continued product and strategic cooperation," Google spokesman Andrew Pederson said in a statement on Monday.

Adding to Clearwire's woes, if a rumoured bid from Deutsche Telekom for Sprint goes through, it could mean the end of WiMAX for Clearwire's main partner, as DT is already committed to LTE as its 4G technology.

Morrow, however, seems to think Intel and co need his firm more than it needs them, telling the world his sponsors all have vested business and strategic interests in Clearwire's success.

Unfortunately, though, the possibly overconfident CEO seems to be forgetting that about 80 per cent of Wimax's current potential lies overseas, so if the firm doesn't shape up soon - stop begging and start building - it may find itself dumped for a less high maintenance partner that will pay WiMAX the lip-service it deserves.

 



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