Situations are searching for at Clearwire, its Q4 revenue arrived approximately Wall Street's estimations at $362 million, split between $198 million retail and $164 million wholesale -- using the latter figure up 20 % during the last quarter. It pointed a finger at elevated smartphone usage and slashed operating costs (investing only $82 million) as the reason behind the bump. With this particular being Clearwire, will still be in the industry doldrums, depending on giveaways from Sprint to help keep it going. It's likely to flog off around $300 million of debt to "qualified traders" in an effort to ensure sufficient funding for that forthcoming LTE rollout. If you are thinking about this kind of factor, read the entire breakdown following the interval, most probably storming around pretending that you are Gordon Gekko.
Continue reading through Clearwire Q4: revenues up, costs lower, LTE costly
Clearwire Q4: revenues up, costs lower, LTE costly initially made an appearance on Engadget on Tue, 24 Jan 2012 19:53:00 EDT. Please visit our terms to be used of feeds.
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