Earnings: Clearwire Reports Higher Q1 Revenues; Details Executive Changes

imageClearwire (NSDQ: CLWR) reported first-quarter earnings today, including higher revenues and a narrower loss. It also announced a series of management changes, including the appointment of three new executives, and shuffling around others.

Clearwire’s CEO Bill Morrow (pictured, right), who was appointed only two months ago, said today that they hired G. Michael Sievert as Chief Commercial Officer; Kevin Hart as CIO; and Laurent Bentitou as Chief People Officer. Among current executives, Clearwire said that its COO Perry Satterlee is stepping down and Barry West has been appointed to the position of president of international, which Morrow said on the company’s conference call doesn’t mean that they are more interested in expanding its network to other countries, but rather looking to influence and educate the global market about the role of WiMax. Morrow: “WiMax is here to stay, and we are seeing a lot more demand than what is being written about in the press today. On Perry leaving…, he

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