Wireless firm was first in Twin Cities with 4G, but can't stay ahead

  • Article by: STEVE ALEXANDER , Star Tribune
  • Updated: November 25, 2012 - 5:42 PM

Clearwire was the first to offer 4G speeds in the Twin Cities. Today, its future is unclear.

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jmusielewiczNov. 26, 12 8:52 AM

Makes me think of my deceased uncle. One time I mentioned to him that I thought farming might be a great career to get into and he laughed and said 'Start with a used tractor!!". He was very successful and died a millionaire. Apparently Clear-something had the wrong business approach -- maybe they shoulda started used from Axeman!!

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punky2012Nov. 26, 1212:21 PM

"Two years later, Bellevue, Wash.-based Clearwire is struggling. It has never been profitable, and last year it lost $717.3 million on revenue of $1.3 billion. It needs an infusion of cash by the end of 2013." Luckily for them, Barack Obama and the Democratic Party is demanding massive tax increases on investors like this.

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george13Nov. 26, 12 7:44 PM

Another factor is their uncompetitive pricing. I can see the tower in the picture from my back yard and thought it would be ideal for me, but the price was just too much.

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