C
Clearwire
Cell Phones, Mobile Phones & Wireless Calling Plans from Sprint
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.
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.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO EQUITYOther financing | Feb 2013 | $80M | — | Sprint | — |
| ACQUISITIONOther financing | Dec 2012 | $2.2B | $2.2B | Sprint | — |
Growth signals
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.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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
Goldman Sachs Asset Management- CIConvergent Investors
- LPLiberty Associated Partners
Motorola Solutions
Time Warner
Comcast- BRBrightHouse
Google Developers Launchpad Accelerator
Sprint
Eagle River Holdings
Time Warner Cable
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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