Clearwire Corporation

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Clearwire Corporation - overview

Established

2003

Location

Bellevue, WA, US

Primary Industry

Telecoms

About

Based in Washington, US, and founded in 2003, Clearwire Corporation, f. k. a. New Clearwire Corporation provides a wireless high-speed internet service that allows customers to connect to the internet using licensed spectrum.


In December 2012, Sprint announced its intention to acquire the remaining approximate 50 percent stake in Clearwire for USD 2. 2 billion. In March 2013, returning investor Sprint Nextel completed USD 80 million financing of Clearwire Corporation. Clearwire builds and operates next-generation mobile broadband networks that offer high-speed mobile internet as well as residential internet access services throughout the US.


Current Investors

Convergent Investors, Goldman Sachs Asset Management, Liberty Associated Partners

Primary Industry

Telecoms

Sub Industries

Telecoms Providers & Services, Internet Service Providers

Website

www.clearwire.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Clearwire Corporation - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedOneida Broadband-

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