Clearwire (NSDQ: CLWR) said it remains on track to roll out 4G services to more than 30 million people this year in 25 markets now that it has received an injection of new capital. The company has received commitments for $1.56 million in equity and may receive up to $500 million more from a pending common stock and bond offering.
The company reported third-quarter earnings this afternoon after this morning’s announcement that it was able to raise a critical piece of funding from its partners, including Sprint (NYSE: S), Comcast (NSDQ: CMCSA), Time Warner (NYSE: TWX), Brighthouse, Intel (NSDQ: INTC) and others. Clearwire’s revenues increased 13 percent in Q3 compared to the year ago period’s pro forma results, which take into account both Clearwire’s and Sprint’s operations. The growth was driven by Clearwire

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