Analyst: Clearwire's failure 'evident and inevitable'

Clearwire (Nasdaq: CLWR), cable's most prominent next-generation mobile wireless play--OK, excluding Cox and probably Cablevision Systems (NYSE: CVC)--is down for the count and the only remaining question is "what will happen to its valuable spectrum assets," a damning analysis by Gerson Lehrman Group (GLG) contends.

"Its major partners from its majority owner Sprint (NYSE: S) to its other investors and MVNO partners in the cable industry have surely come to accept this outcome by now, which has been underlined by the recent resignations of three major executives, including the CEO, either for "personal reasons" or to "pursue other opportunities," the analysis continues.

The big question is what will become of the 120 MHz of 2.5 GHz spectrum Clearwire holds--"more than the total spectrum held by either Verizon Wireless or AT&T," the analysis continues, noting that the spectrum is "being essentially wasted" when the U.S. is facing a spectrum shortfall.

For more:
- see this report

Related articles:
Comcast not interested in upping investment in Clearwire
Report: Clearwire selling off spectrum for more funding
Comcast, Sprint execs leave Clearwire's financial future in doubt
Clearwire names John Stanton chairman of the board
Executive shakeup rocks Clearwire as Morrow resigns CEO post

WHITEPAPER

How To Lower the Cost of Ownership of Your Cable Access Network

This white paper presents a cost analysis of a virtualized cable modem termination system (CMTS) deployed in a distributed access architecture (DAA). Learn how to eliminate traditional CMTS constraints, efficiently enhance your network performance and more.

Suggested Articles

Comcast is planning new data caps and video service price increases for its subscribers in 2021.

The Apple TV remote is an often reviled peripheral device. Universal Electronics has taken it upon itself to create a different option.

Charter said it’s building an IP video aggregation platform complete with new hardware.