Clearwire Offers More Ways to Connect to CLEAR 4G Service with
Three
New Devices; Adds 4G/3G Modem for Macs and PCs
-
New CLEAR 4G and 4G+ Personal Wi-Fi Hotspots plus 4G/3G
Mobile
USB Extend Unlimited 4G Data Plans to More Mobile Devices
-
New USB Modem Brings National 4G/3G Service to Apple
Laptops and
PCs
-
CLEAR?s Uncapped Mobile Broadband Experience Available For
Netbooks, Notebooks, Gaming, Entertainment, Social Media and
Numerous
Other Devices and Services
KIRKLAND, Wash.--(BUSINESS
WIRE)--Clearwire
Corporation (NASDAQ:CLWR), a leading provider of wireless
broadband
services, today announced the upcoming availability of three new
products that will extend the potential for super-fast speeds and
unlimited 4G usage plans to the millions of mobile devices
available
today.
?In today's on-the-go world, everyone deserves fast
speeds and the usage
they want at a fair price ? without constantly checking their
usage or
worrying about their end-of-month bill?
The latest suite of devices, the CLEAR SpotTM 4G, CLEAR
Spot
4G+, and the CLEAR 4G+ Mobile USB, bring new 4G connectivity
possibilities to a wide range of Wi-Fi-enabled laptops, netbooks,
smartphones, and other connected devices ? without the worries or
hassles of tiered or capped usage plans.
The CLEAR Spot 4G offers the speed and flexibility of a personal
Wi-Fi
hotspot, simultaneously connecting multiple Wi-Fi devices at 4G
speeds,
while the CLEAR Spot 4G+ adds the option of allowing users to
easily and
securely use nationwide 3G coverage when outside the 4G coverage
area.
In addition, the CLEAR 4G+ Mobile USB modem is the first dual-mode
mobile USB from CLEAR to deliver 4G and nationwide 3G Internet
coverage
to the MacBook and MacBook Pro along with other non-Mac devices.
?In today's on-the-go world, everyone deserves fast speeds and the
usage
they want at a fair price ? without constantly checking their
usage or
worrying about their end-of-month bill,? said Dow Draper, vice
president
of product development for Clearwire. ?These new devices offer
today?s
mobile user, and the millions of Wi-Fi products in use across the
country, even greater access to CLEAR?s fast and affordable 4G
service.?
With CLEAR® super-fast mobile Internet service, users
can
experience average mobile download speeds of 3 to 6 mbps with
bursts
over 10 mbps*, using Clearwire?s 4G network. Unlike service plans
from
traditional wireless carriers which cap data usage, CLEAR offers
unlimited 4G usage plans that do not require long-term service
contracts. In most markets, unlimited 4G coverage from CLEAR
starts at
$30 for the home, while unlimited mobile plans start as low as
$40.
Bundled services such as Home and On-The-Go and Home and Voice
plans
start at $55 per month. CLEAR service is currently available in
dozens
of cities, in areas of the United States where approximately 51
million
people live. A detailed map of service availability can be found
at www.clear.com/coverage.
The New CLEAR Mobile Hotspots and USB
CLEAR Spot 4G
The CLEAR Spot 4G is a personal mobile hotspot allowing users to
easily
and securely share unlimited super-fast Internet access anywhere
CLEAR
has coverage simultaneously with up to eight Wi-Fi-enabled
devices,
including laptops, smartphones, and portable gaming devices. The
CLEAR
Spot 4G is manufactured by InfoMark and will be available for
purchase
at $99.99 or for a $4.99 monthly lease. It can be preordered today
at www.clear.com/spot
and will be available nationwide at CLEAR stores and authorized
dealers
in July.
CLEAR Spot 4G+
The CLEAR Spot 4G+ allows power users and road warriors alike to
stay
connected across the U.S. by automatically switching from 4G and
connecting to Sprint?s 3G nationwide network outside the 4G
coverage
area. The CLEAR Spot 4G+ enables users to securely share the
connection
with up to five Wi-Fi-enabled devices all at the same time. The
CLEAR
Spot 4G+ is manufactured by Sierra Wireless and will be available
to
purchase for $224.99 or to lease for $5.99 per month. It can be
preordered today at www.clear.com/spot and
will be available nationwide at CLEAR stores and authorized
dealers in
July.
CLEAR 4G+ Mobile USB (Series S)
Clearwire already offers two 4G-only
USB modems for Mac users, but today introduced the company?s
first
dual-mode 4G/3G modem available for Mac users, the CLEAR 4G+
Mobile USB.
When not in the 4G coverage area, the modem will automatically
switch to
the Sprint 3G network to provide more ubiquitous data connectivity
around the country. The 4G+ Mobile USB is compatible with MacBook
and
MacBook Pro laptops using Mac OS X Versions 10.5.x and 10.6.x. The
new
USB also supports netbooks and notebooks running Windows XP SP2,
Vista
and Windows 7, all in 32- and 64-bit versions. The new 4G+ Mobile
USB is
manufactured by Sierra Wireless.
The 4G+ USB can be purchased for $114.99 or leased monthly for
$5.99. It
is available today at www.clear.com/4Gplus-usb
and in stores in Atlanta, Dallas, Hawaii and Harrisburg,
Lancaster,
Reading and York, PA. The CLEAR 4G+ Mobile USB will be available
in all
4G markets beginning July 1st.
For more information about CLEAR, visit www.clear.com.
Company information about Clearwire is available at www.clearwire.com.
For press and broadcast: Product images, video footage and company
logos
can be downloaded from the Clearwire online
media gallery. To subscribe to Clearwire's RSS news feed,
click here.
About Clearwire
Clearwire Corporation (NASDAQ:CLWR), through its operating
subsidiaries,
is a leading provider of mobile broadband services. Our 4G network
is
currently available in areas of the United States where
approximately 51
million people live, and the company plans to continue to expand
its 4G
coverage. Clearwire's open all-IP network, combined with
significant
spectrum holdings, provides an unprecedented combination of speed
and
mobility to deliver next-generation broadband access. The company
markets its service through its own brand, called CLEAR®,
as
well as through its wholesale relationships with Sprint, Comcast
and
Time Warner Cable. Strategic investors include Intel Capital,
Comcast,
Sprint, Google, Time Warner Cable, and Bright House Networks.
Clearwire
is headquartered in Kirkland, Wash. Additional information is
available
at www.clearwire.com.
*Speed claims based on download speeds only. Actual performance
may
vary and is not guaranteed. CLEAR performance claim is based on
average
download user speeds achieved during tests performed on the CLEAR
commercial network by CLEAR. Other carrier performance based on
their
advertised claims.
Clearwire and CLEAR are trademarks or registered trademarks of
Clearwire
Corporation in the United States and/or other countries.
All other company or product names are trademarks of their
respective
owners. Use of these product names does not indicate official
support
or endorsement of Clearwire or its service.
Forward-Looking Statements
This release, and other written and oral statements made by
Clearwire
from time to time, contains forward-looking statements which are
based
on management's current expectations and beliefs, as well as on a
number
of assumptions concerning future events made with information that
is
currently available. Forward-looking statements may include,
without
limitation, management's expectations regarding future financial
and
operating performance and financial condition; proposed
transactions;
network development and market launch plans; strategic plans and
objectives; industry conditions; the strength of the balance
sheet; and
liquidity and financing needs. The words "will," "would," "may,"
"should," "estimate," "project," "forecast," "intend," "expect,"
"believe," "target," "designed," "plan" and similar expressions
are
intended to identify forward-looking statements. Readers are
cautioned
not to put undue reliance on such forward-looking statements,
which are
not a guarantee of performance and are subject to a number of
uncertainties and other factors, many of which are outside of
Clearwire's control, which could cause actual results to differ
materially and adversely from such statements. Some factors that
could
cause actual results to differ are:
-
We are an early-stage company with a history of operating
losses
and we expect to continue to realize significant net losses for
the
foreseeable future.
-
Our current and future plans are subject to a number of
conditions
and uncertainties, including, among others, our ability to
manage
ongoing market development activities (including the development
of
over 10,000 sites), our performance in launched markets and our
access
to additional funding.
-
We regularly evaluate our plans, and we may elect to pursue
new or
alternative strategies which we believe would be beneficial to
our
business, including, among other things, modifying the pace at
which
we build our 4G mobile broadband networks, augmenting our
network
coverage in markets we launch, changing our sales and marketing
strategy and or acquiring additional spectrum.
-
If our business fails to perform as we expect, or if we elect
to
pursue new plans or strategies, we may be required to raise
substantial additional financing, and if we are unable to raise
such
financing on acceptable terms we may need to modify our plans
accordingly.
-
We may fail to realize all of the anticipated benefits of the
transactions with Sprint and the strategic investors.
-
We are committed to using commercially reasonable efforts to
deploy
wireless broadband networks based solely on mobile WiMAX
technology,
even if there are alternative technologies available in the
future
that are technologically superior or more cost effective.
-
We currently depend on our commercial partners to develop and
deliver the equipment for our legacy and mobile WiMAX networks.
-
Many of our competitors are better established and have
significantly greater resources, and may subsidize their
competitive
offerings with other products and services.
-
Our substantial indebtedness and restrictive debt covenants
could
limit our financing options and liquidity position and may limit
our
ability to grow our business.
-
Sprint Nextel Corporation owns a majority of our shares,
resulting
in Sprint holding a majority voting interest in the Company, and
Sprint may have, or may develop in the future, interests that
may
diverge from other stockholders.
-
Future sales of large blocks of our common stock may
adversely
impact our stock price.
For a more detailed description of the factors that could cause
such
a difference, please refer to Clearwire's filings with the
Securities
and Exchange Commission, including the information under the
heading
"Risk Factors" in our Annual Report on Form 10-K filed on February
24,
2010, and our Quarterly Report on Form 10-Q filed on May 6, 2010.
Clearwire assumes no obligation to update or supplement such
forward-looking statements.
National Media and Industry Analysts:
JLM Partners for
Clearwire
Mike DiGioia
206-819-9032 (mobile)
206-381-3600
(office)
mike@jlmpartners.comor
Local
Eastern Region Media Contact:Clearwire Corporation
Chris
Comes
312-282-0539 (mobile)
847-993-9661 (office)
christopher.comes@clearwire.comor
Local
Western Region Media Contact:Clearwire Corporation
Debra
Havins
303-210-7269 (mobile)
debra.havins@clearwire.comRead more