finance

Main Content RSS FeedWiMAX Finance News

Clearwire secures US$1billion loan

July 10, 2007, KIRKLAND (WiMAX Day). Clearwire Corp closed the first tranche of a US$1 billion senior secured term loan last week. The new debt facility will be used to refinance Clearwire’s existing debt. “Clearwire continues to develop ... continue...

FITel confirms WiMAX investors

July 2, 2007, TAIPEI (WiMAX Day). At a shareholder meeting of First International Telecom (FITel) last week, its chairman Ming-jen Chien confirmed that the Taiwanese mobile communications company would admit strategic investors to the company as new shareholders, ... continue...

PicoChip adds $27m in funds

June 25, 2007, BATH (WiMAX Day). The UK chipset designer picoChip announced that it has secured US$27 million in its fourth round of investment. The investment was led by Highland Capital Partners, and “undisclosed key strategic investors.” The ... continue...

Ertach sale to Telemex approved

June 25, 2007, BUENOS AIRES (WiMAX Day). According to a report in BNAmericas.com, a local court in Argentina has approved the acquisiton of broadband operator Ertach by Telmex of Mexico. Ertach operates one of the two WiMAX networks ... continue...

Markets put wise to Sprint’s WiMAX assets

June 19, 2007, NEW YORK (WiMAX Day). Last week The Wall Street Journal online reported that Sprint Nextel has held discussions with Clearwire Corp concerning a potential WiMAX partnership or joint venture. The report suggested that Sprint is ... continue...

NextWave buys stake in WiMAX Telecom

June 19, 2007, VIENNA (WiMAX Day). US-based NextWave Wireless Inc announced it will acquire 65% of WiMAX Telecom through its German subsidiary Inquam Broadband GmbH. Inquam owns 3.5 GHz spectrum in Germany and Switzerland. Zurich-based WiMAX Telecom was ... continue...

Clearwire shares in the limelight after satellite hook-up

June 15, 2007, KIRKLAND (WiMAX Day). Yesterday Clearwire announced distribution agreements for bundled “triple play” voice, Internet and video services with the US-based satellite TV broadcasters DirecTV and EchoStar Communications. According to a Clearwire press release, the agreements will ... continue...

Altair closes $18m Series B funding

June 12, 2007, HOD HASHARON (WiMAX DAY). The fabless chip developer Altair Semiconductor has closed a Series B round of funding for US$18 million. The round was led by Bessemer Venture Partners, and included existing investors BRM Capital, ... continue...