It appears Clearwire's got some of its confidence back.
The 4G WiMax service provider has released select preliminary results from its fourth quarter, including revenue that was double that of a year ago--$362 million, compared with the year-ago $181 million. The upswing was primarily driven by growth in its wholesale business.
The figure exceeded analysts' average estimate of $355 million in revenue for the period, according to a survey taken by Thomson Reuters.
Clearwire is likely breathing a sigh of relief after several months of uncertainty over its ability to obtain the needed financing to continue its operations, … Read more