Yes, it is good. So good that they were able to let loose with a reserve of an additional 4 million shares, with all shares entering the market at the high end of their anticipated offer price range. Remember, they also received $900M last year in what was the largest venture deal in the U.S. to date. That came from Intel with participation from Motorola. The details were not fully made public, but as part Motorola agreed to buy their NextNet business. We also know that Intel owns like 33% of the business. McCaw owns the same, though he retains 49% voting rights.
All this combined gives Clearwire a rough market cap of $3B dollars now, which grows McCaw's personal net worth from about $2B to $3B. So, if anyone though Clearwire was already aggressively trying to access local BRS and EBS spectrum, you ain't seen nothing yet. Must be nice. Patrick Leary AVP WISP Markets Alvarion, Inc. o: 650.314.2628 c: 760.580.0080 Vonage: 650.641.1243 [EMAIL PROTECTED] -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Marlon K. Schafer (509) 982-2181 Sent: Friday, March 09, 2007 8:34 AM To: [EMAIL PROTECTED]; WISPA General List Subject: Re: [WISPA] news Is $600m good? I thought they owed that much in bank loans already. Marlon (509) 982-2181 Equipment sales (408) 907-6910 (Vonage) Consulting services 42846865 (icq) And I run my own wisp! [EMAIL PROTECTED] www.odessaoffice.com/wireless www.odessaoffice.com/marlon/cam ----- Original Message ----- From: "Peter R." <[EMAIL PROTECTED]> To: "WISPA General List" <[email protected]> Sent: Friday, March 09, 2007 8:15 AM Subject: [WISPA] news > Clearwire IPO'ed and got $600M, twice the price of the BellSouth spectrum. > > EarthLink is buying the Corpus Christi wi-fi network for $5.5M. > > ELN will market TIVO. > > -- > > > Regards, > > Peter Radizeski > RAD-INFO, Inc. - NSP Strategist > We Help ISPs Connect & Communicate > 813.963.5884 http://www.marketingIDEAguy.com > > > -- > WISPA Wireless List: [email protected] > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ > -- WISPA Wireless List: [email protected] Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ ************************************************************************ ************ This footnote confirms that this email message has been scanned by PineApp Mail-SeCure for the presence of malicious code, vandals & computer viruses(190). ************************************************************************ ************ ************************************************************************ ************ This footnote confirms that this email message has been scanned by PineApp Mail-SeCure for the presence of malicious code, vandals & computer viruses(42). ************************************************************************ ************ ************************************************************************************ This footnote confirms that this email message has been scanned by PineApp Mail-SeCure for the presence of malicious code, vandals & computer viruses(84). ************************************************************************************ ************************************************************************************ This footnote confirms that this email message has been scanned by PineApp Mail-SeCure for the presence of malicious code, vandals & computer viruses. ************************************************************************************ -- WISPA Wireless List: [email protected] Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
