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4G Provider Clearwire Sells $1.3 Billion of Debt, Feels More ‘Comfortable’

Posted on December 6, 2010 by

Clearwire has sold $1.3 billion in debt, in efforts to secure funding for continuing the build-out of its WiMax-based 4G network. – Clearwire, working to secure funding to continue the build-out of its WiMax-based 4G network, sold more than $1.3 billion in debt, the company announced in a Dec. 6 statement.
Clearwire, which wireless carrier Sprint owns a majority stake in, has said it plans to cover 68 U.S. markets and 120 mill…

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