Credit Crunch Could Stall Clearwire Network
Susan Johnston, a spokeswoman for Clearwire, emailed the following statement regarding the impact of the current credit crunch on the deployment of the Clearwire nationwide network. “The nationwide build plan for the new Clearwire is ambitious, and we believe it’s the right thing to do for our business. However, we have the flexibility to modulate our rate of growth, and will tap into the capital markets when the conditions are favorable.”
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