Sprint

A few months ago we reported about Sprint's plan to cover 120 million people with their 4G service by the end of the year.  Rumors and speculation aside (and pointless wishing over a pile of empty beer cans), Clearwire has issued a press release today with another slew of cities to add to the list:

The companies plan to launch 4G mobile broadband services this summer in the following cities: Jacksonville and Daytona, FL; Kansas City, KS; Nashville, TN; St. Louis, MO; Salt Lake City, UT; Merced, Modesto, Stockton, and Visalia, CA; Wilmington, DE; Grand Rapids, MI; Eugene, OR; and Yakima and Tri-Cities, WA. Consumers and businesses should expect to see additional network expansions throughout these cities, and a wide-range of independent marketing and advertising initiatives.

I know that carrier wars are fun, but I don't care who you are or what service you prefer, advances in cellular communications technology benefit us all.  Oh, and there's that one little thing called the HTC EVO 4G.  WiMax may or may not be the future, but it's here now, and expanding at a nice clip.  We've got a running total of current and announced Sprint 4G cities going in the forums and the list is starting to be impressive.  Now how to convince Sprint to get Bunker Hill, West Virginia on that list remains a mystery :)

Full presser after the break.  [via Clearwire Investor Relations] Thanks, dcmasta

Clearwire, Comcast and Sprint to Expand 4G Mobile Broadband Service This Summer
4G Coming to Jacksonville, FL; Kansas City, KS; Nashville, TN; St. Louis, MO; and Salt Lake City, UT among Others
Clearwire to Offer CLEAR(R)
Comcast to Offer Comcast High-Speed 2go(TM)
Sprint to Offer Sprint 4G

KIRKLAND, Wash. & PHILADELPHIA & OVERLAND PARK, Kan., May 05, 2010 (BUSINESS WIRE) --Clearwire Corporation (NASDAQ:CLWR), Comcast (NASDAQ:CMCSA) (NASDAQ:CMCSK) and Sprint (NYSE:S) today announced plans to launch their respective 4G mobile Internet services to additional cities in the summer of 2010. Each of the companies will offer 4G under their own 4G brand.

The companies plan to launch 4G mobile broadband services this summer in the following cities: Jacksonville and Daytona, FL; Kansas City, KS; Nashville, TN; St. Louis, MO; Salt Lake City, UT; Merced, Modesto, Stockton, and Visalia, CA; Wilmington, DE; Grand Rapids, MI; Eugene, OR; and Yakima and Tri-Cities, WA. Consumers and businesses should expect to see additional network expansions throughout these cities, and a wide-range of independent marketing and advertising initiatives.

The 4G customer experience from Clearwire, Comcast and Sprint is unlike any other wireless service available today from any national carrier. Customers in these cities will now be able to increase their mobility and productivity in many ways: from instantly downloading large files to get work done on the run, browsing the Web just like at home from across the city, or watching online videos and movies while travelling in the family car around town.

Clearwire, Comcast and Sprint 4G customers can expect to see wireless service significantly faster than today's 3G. Clearwire and Sprint customers will also be able to purchase a wide range of 4G devices, including compact USB modems and other wireless devices all aimed at making lives in these 4G cities more mobile and efficient.

CLEAR(R)

Clearwire's 4G service is branded CLEAR. CLEAR offers super fast mobile Internet service that works as fast on the go as it does at home. Customers will be able to purchase service online at http://www.clear.com, at CLEAR retail stores, from national retailers and local authorized dealers. For more information about pricing, services, devices, and local retail locations, visit http://www.clear.com.

Comcast High-Speed 2go

Comcast's 4G service, branded Comcast High-Speed 2go, is sold as part of a Fast Pack that bundles the nation's fastest in-home wired Internet with the nation's fastest wireless Internet. For more information, visithttp://www.comcast.com/highspeed2go.

Sprint 4G

Sprint's 4G service is branded Sprint 4G. Sprint 3G/4G dual mode products available today combine the dependable nationwide Sprint 3G network with the turbo-charged wireless connectivity of Sprint 4G. With Sprint 4G, streaming video, fast file downloads and uploads and turbo-charged Web browsing are no longer just home, office or coffee shop benefits. Sprint 4G plans are available from Sprint retail stores, Best Buy stores, and local retailers in 4G service areas as well as Sprint telesales at 1-800-Sprint-1 or online at http://www.sprint.com/4G.

Current 4G Markets

4G mobile broadband service is available today in 32 markets covering 41 million people. Services are offered by Clearwire and Sprint in each market as well as Comcast in select markets. By the end of 2010, Clearwire's 4G mobile broadband network is expected to be available to up to 120 million people across the United States.

Clearwire and Sprint also announced today in separate releases the coming launch of service in additional cities across the United States.

About Clearwire

Clearwire Corporation (NASDAQ:CLWR), through its operating subsidiaries, is a leading provider of mobile broadband services. Clearwire's 4G network is currently available in areas of the U.S. where 41 million people live and the company plans to continue to expand its 4G coverage. Clearwire's open all-IP network, combined with significant spectrum holdings, provides an unprecedented combination of speed and mobility to deliver next generation broadband access. The company markets its service through its own brand called CLEAR(R) as well as through its wholesale relationships with Sprint, Comcast and Time Warner Cable. Strategic investors include Intel Capital, Comcast, Sprint, Google, Time Warner Cable, and Bright House Networks. Clearwire is headquartered in Kirkland, Wash.; additional information is available athttp://www.clearwire.com.

About Sprint Nextel

Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint Nextel served more than 48 million customers at the end of the first quarter of 2010 and is widely recognized for developing, engineering and deploying innovative technologies, and the first and only wireless 4G service from a national carrier in the United States; offering industry-leading mobile data services, leading prepaid brands including Virgin Mobile USA, Boost Mobile and Assurance Wireless and instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. With its customer-focused strategy, you can learn more and visit Sprint at http://www.sprint.com or http://www.facebook.com/sprint andhttp://www.twitter.com/sprint.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA, CMCSK) (http://www.comcast.com) is one of the nation's leading providers of entertainment, information and communication products and services. With 23.5 million cable customers, 16.3 million high-speed Internet customers, and 7.9 million Comcast Digital Voice customers, Comcast is principally involved in the development, management and operation of cable systems and in the delivery of programming content.

Comcast's content networks and investments include E! Entertainment Television, Style Network, Golf Channel, VERSUS, G4, PBS KIDS Sprout, TV One, 11 regional sports networks operated by Comcast Sports Group and Comcast Interactive Media, which develops and operates Comcast's Internet businesses, including Comcast.net (http://www.comcast.net). Comcast also has a majority ownership in Comcast-Spectacor, which owns two professional sports teams, the Philadelphia 76ers NBA basketball team and the Philadelphia Flyers NHL hockey team, and a large, multipurpose arena in Philadelphia, the Wachovia Center, and manages other facilities for sporting events, concerts and other events.

Forward-Looking Statements

This release, and other written and oral statements made by Clearwire from time to time, contains forward-looking statements which are based on management's current expectations and beliefs, as well as on a number of assumptions concerning future events made with information that is currently available. Forward-looking statements may include, without limitation, management's expectations regarding future financial and operating performance and financial condition; proposed transactions; network development and market launch plans; strategic plans and objectives; industry conditions; the strength of the balance sheet; and liquidity and financing needs. The words "will," "would," "may," "should," "estimate," "project," "forecast," "intend," "expect," "believe," "target," "designed," "plan" and similar expressions are intended to identify forward-looking statements. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside of Clearwire's control, which could cause actual results to differ materially and adversely from such statements. Some factors that could cause actual results to differ are:

  • We are an early-stage company with a history of operating losses and we expect to continue to realize significant net losses for the foreseeable future.
  • Our current and future plans are subject to a number of conditions and uncertainties, including among others, our ability to manage ongoing market development activities (including the development of over 10,000 sites), our performance in launched markets and our access to additional funding.
  • We regularly evaluate our plans, and we may elect to pursue new or alternative strategies which we believe would be beneficial to our business, including among other things, modifying the pace at which we build our 4G mobile broadband networks, augmenting our network coverage in markets we launch, changing our sales and marketing strategy and or acquiring additional spectrum.
  • If our business fails to perform as we expect, or if we elect to pursue new plans or strategies, we may be required to raise substantial additional financing, and if we are unable to raise such financing on acceptable terms we may need to modify our plans accordingly.
  • We may fail to realize all of the anticipated benefits of the transactions with Sprint and the strategic investors.
  • We are committed to using commercially reasonable efforts to deploy wireless broadband networks based solely on mobile WiMAX technology, even if there are alternative technologies available in the future that are technologically superior or more cost effective.
  • We currently depend on our commercial partners to develop and deliver the equipment for our legacy and mobile WiMAX networks.
  • Many of our competitors are better established and have significantly greater resources, and may subsidize their competitive offerings with other products and services.
  • Our substantial indebtedness and restrictive debt covenants could limit our financing options and liquidity position and may limit our ability to grow our business.
  • Sprint Nextel Corporation owns a majority of our shares, resulting in Sprint holding a majority voting interest in the Company, and Sprint may have, or may develop in the future, interests that may diverge from other stockholders.
  • Future sales of large blocks of our common stock may adversely impact our stock price.

For a more detailed description of the factors that could cause such a difference, please refer to Clearwire's filings with the Securities and Exchange Commission, including the information under the heading "Risk Factors" in our Annual Report on Form 10-K filed on February 24, 2010. Clearwire assumes no obligation to update or supplement such forward-looking statements.

SOURCE: Clearwire Corporation

Clearwire
Local/Regional Media
Chris Comes, 847-993-9661
chris.comes@clearwire.com
or
National Media and Industry Analysts
JLM Partners for Clearwire
Mike DiGioia, 206-381-3600
mike@jlmpartners.com
or
Sprint
Stephanie Vinge-Walsh, 310-213-0039
stephanie.a.vinge@sprint.com
or
Comcast
Charlie Douglas, 215-286-3353
charlie_douglas@comcast.com


 

 

Reader comments

More Gs in more places - Sprint announces upcoming WiMax locations

26 Comments

Oh man, not sure about Bunker Hill....but I'd Looooooooooooooove me some 4G in Morgantown WV!! 4G in Pittsburgh is so close, yet so far.

Jersey? shizzzzz man, You know what it's like LIVING IN NY!, but not being counted to receive the same benefits as the city because I live on Long Island. At least you see NY and know it is or is not NJ, I on the other hand, get my hopes up every time and usually fall short of happiness. NY, NY is going to get 4G, and I will just have the phone.

Whats up with getting 4G in the Tri-State... Am I Daft or is it not Listed... I need some 4G love in Jersey

Depending on where you are in Jersey, it's actually in some areas. It's slowly coming from Philly toward NJ such as Marlton, Cherry Hill and even Trenton.

NYC is now covered in 4G and it'll migrate down and from Delaware it'll migrate up. NJ should be covered in a fair amount by the end of the year and atleast have 4g in most areas where 3G is by the first quater of 2011

I'm Literally 15 minutes from the holland... If your telling me I should have 4G on Launch Im Sold...

They need to come to Virginia. I live in Richmond and they are just up the road in Wash DC...come on down the road a bit and hook us up.

Awww, I swear I had seen Minneapolis in the list of summer launches previously. No love yet. :( LET'S GO FALL!

Not one Wisconsin city yet. Green Bay and the Packers want 4G too. Either way I will getting an Evo but this will be frosting on the cake.

Ya what's up with the twin cities getting 4G but not Madison and Milwaukee. All that they do is headquarter Best Buy (that's probably the reason) and hold onto Brett Favre's social security check.

I live in Yakima, WA and am planning on getting an EVO when it's available.
Somebody up there is rewarding me for suffering through 4 years of dumb phones on ATT.

According to Phonescoop Rochester NY, Syracuse NY, Tampa FL & Orlando FL are all getting 4G as well later in this summer.

Damn this country living. At least the air is clean....wait, what's in that dump truck? Chicken manure. dammit.

I sure hope that Sprint and Clearwire don't overlook PROVIDENCE, RHODE ISLAND for 4G. Also, any idea as to how far a 4G signal reaches? Is it the same as 3G or is it different? :D

I'd like to take this moment to point out that Texas is absolutely COVERED with 4g!!! There's not a major city that doesn't have 4g here and we have no choice but to declare TX the "Official 4g State of Android Central"!

Yeah, Nashville but not Memphis. :(

This was the deal breaker for me with choosing between the EVO and the Incredible.

Memphis probably won't receive WiMax until 2011.

I just hope that Sprint's towers were not badly affected by the flood damage that hit there this past weekend.