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    Thursday, May 11, 2006

    Clearwire Files For $400M IPO


    Kirkland, Washington-based Clearwire has filed for a $400M IPO this morning. The firm, which provides wireless broadband services based on the pre-WiMAX standard, reported losses of $127M on revenues of $33M in the year ending December 2005. The IPO is being underwritten by Merrill Lynch & Co., Morgan Stanley, JP Morgan, Bears, Stearns & Co., and Wachovia Capital Markets. Clearwire, which is headed by Craig McCaw, recently raised $360M in venture funding for the firm.
    posted on Thursday, May 11, 2006


    Related companies:
    Clearwire

    Related stories:
    > Clearwire Yanks IPO
    > Clearwire Re-Files for IPO
    > Clearwire Sets IPO Terms
    > Clearwire Expands Into Charlotte, N.C.
    > Clearwire, Spring Complete WiMAX Merger
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