« Vonage Stuck With $58M Tab in Verizon Dispute | Main | New shield foiled Internet backbone »

March 10, 2007

WiMax Firm Clearwire Offers IPO, Fails to Impress

Shares of Clearwire, a wireless Internet service provider founded by cellular phone pioneer Craig McCaw, fell in their first day of trading Thursday after the company raised $600 million in an initial public stock offering. Clearwire is rolling out a next-generation wireless technology known as WiMax, which offers higher speeds and greater range than today's

From WiMax Firm Clearwire Offers IPO, Fails to Impress

Posted by Ryan at March 10, 2007 02:30 PM