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Clearwire Quarterly Losses Widen on Higher Costs

xchangemag.com » 2010 » February » 26th » Clearwire Quarterly Losses Widen on Higher Costs

WiMAX operator Clearwire Corp. (CLWR) widened its fourth-quarter losses on higher expenses.The company, owned mostly by mobile provider Sprint Nextel Corp. (S), lost $98.7 million in the three months ended Dec. 31, 2009. That was compared to a loss of $90.4 million in the year-earlier period. Still, sales did increase. Revenue jumped ...(124 words) … Continue Reading »

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