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Summary:

Wall Street gave a thumbs-up to the WiMAX strategy of Craig McCaw and Clearwire Thursday, as the company (ticker symbol CLWR) was finally able to go public at the high end of its $23-25 expected pricing. The stock opened at $27.25 per share, then dropped and […]

Wall Street gave a thumbs-up to the WiMAX strategy of Craig McCaw and Clearwire Thursday, as the company (ticker symbol CLWR) was finally able to go public at the high end of its $23-25 expected pricing. The stock opened at $27.25 per share, then dropped and leveled off around $25. Intel and Motorola, two big investors in Clearwire, will own 29 percent and 10 percent of the company, respectively.

  1. The value proposition of Clearwire will be greater than Level 3 in a few years

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  2. [...] March 8, 2007: Success! Clearwire raises $600M in IPO [...]

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