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Clearwire

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Cell Phones, Mobile Phones & Wireless Calling Plans from Sprint

Kirkland, United StatesFounded 1998Telecom
Valuation $2.20B Market cap · 2012
Total funding $1–2.5B Disclosed equity funding

About Clearwire

Clearwire Corporation was a telecommunications operator that provided mobile and fixed wireless broadband services to both retail and wholesale customers. The company's history traces back to 1998, when it was spun off from Sierra Technologies Inc. However, its transformative era began in October 2003 when cellular industry pioneer Craig McCaw acquired Clearwire's parent company, Clearwire Holdings. McCaw, who had previously founded McCaw Cellular and sold it to AT&T for $11.5 billion, saw an opportunity to use underutilized wireless spectrum to offer broadband internet, particularly in underserved areas. His experience in the cable and cellular industries, dating back to managing his family's small cable company in Centralia, Washington, shaped his vision for a nationwide wireless network.

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Clearwire's business model was centered on building and operating a next-generation wireless network to deliver high-speed internet access. The company served residential consumers and small businesses, as well as wholesale customers, primarily Sprint, which used Clearwire's network to provide 4G services. Its revenue was generated from monthly subscription fees for its internet service and wholesale agreements. A pivotal moment came in 2008 when Clearwire merged its 4G WiMAX business with Sprint's Xohm unit and secured a massive $3.2 billion investment from a consortium including Sprint, Google, Intel, Comcast, and Time Warner Cable. This transaction made Sprint the majority shareholder and aimed to create the first nationwide 4G mobile broadband network.

The company's core service was mobile broadband, initially using pre-WiMAX technology and later becoming a prominent champion of the WiMAX (802.16e) 4G standard. This provided a first-mover advantage, delivering internet speeds significantly faster than the 3G networks of the time. Clearwire's key strategic asset was its vast portfolio of 2.5 GHz spectrum, which offered substantial network capacity. The service, branded as CLEAR, provided portable internet via modems and PC cards, allowing users to connect anywhere within the coverage area. By January 2012, the company served approximately 11 million subscribers. Facing a market shift towards LTE technology, Clearwire later announced plans to add LTE to its network to remain competitive. Ultimately, after a bidding war with DISH Network, Sprint acquired full ownership of Clearwire in July 2013. Sprint then began integrating Clearwire's valuable spectrum into its own LTE network and officially shut down the WiMAX service on November 6, 2015.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1998
Headquarters
Kirkland, United States
Listing
IPO 2007
Employees
364
Open positions
None listed
Dealroom signal
66.9/100
Industry
Telecom
Sector
Telecom, Telecommunications, Outside Tech
Business model
Manufacturing
Client focus
b2c
Investment activity
1 company, latest May 2008
Capital deployed
Preferred round
ACQUISITION

Latest news

Press, funding announcements and product moves mentioning Clearwire.

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Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITYOther financing Feb 2013 $80M Sprint
ACQUISITIONOther financing Dec 2012 $2.2B $2.2B Sprint
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

Clearwire website traffic

Latest recorded traffic for Clearwire is 690 monthly website visits, up 53.3% over the last three months. Clearwire's team declined 1.6% over the past year.

Latest monthly visits690 3-month web change+53.3% 1-year team growth-1.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

Series B and later11 investors entered at this stage

Team profiled 118 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
9 countries with
team presence
🇺🇸 United States93%
🇪🇸 Spain1.2%
🇧🇪 Belgium1.2%
🇮🇳 India1.2%
🇷🇺 Russia0.6%
Top 5 of 9 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Clearwire on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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