Unclear signals

2 November 2010 By Robert Cyran Follow @rob_cyran

Craig McCaw achieved a milestone by launching 4G in New York this week. Still, the company is burning cash and its WiMax standard looks like an alsoran. Selling spectrum should help but its awkward characteristics could mar the auction. Clearwire s future remains fuzzy.

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Clearwire rolled out its 4G wireless data service in New York City and several other markets this week. The company is also auctioning off up to 40 MHz of its spectrum per market to raise cash.

The wireless network majorityowned by Sprint had $2.2 billion of cash and shortterm investments at the end of June. The company is spending heavily to roll out its WiMax network nationwide. It sells the service itself and through partners.

The company had 1.7 million subscribers, and said its 4G service covered 56 million people at the end of June.

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