| arwire (CLWR) definitely has the skill to line up all | | | | officer, among the other plans to expand the |
| the powerful partners and clients. The | | | | staff by more than 50% this year. |
| communications service providers has the back | | | | By announcing a deal with Cisco the Clearwire has |
| support of most of the tech titans such as | | | | reserved the most of fanfare. Buying Gear from |
| Comcast (CMCSA), Intel (INTC) and Google | | | | the vendor might help Clearwire expand in the |
| (GOOG) and now, Clearwire has a new partner: | | | | market for corporations and small businesses, as |
| Clearwire have announced on May 13 that it would | | | | per Clearwire Chief Strategy Officer Scott |
| begin to buy devices and equipments from none | | | | Richardson. Currently, Clearwire's offerings are |
| other than Cisco Systems (CSCO), the | | | | mainly targeted at consumers. |
| world’s numero Uno in the making of | | | | Cisco’s Linksys division which is mostly |
| networking gears. | | | | involved in making Wi-Fi access points for home |
| They have released the financial results the same | | | | will provide a range of devices based on WiMAX |
| day and it clearly shows why Clearwire needs | | | | technology. It will appear in the market later this |
| friends who are in high-tech places. The company | | | | year. Cisco is also expanding its consumer device |
| is dealing with slow subscriber growth, widening | | | | range and has recently acquired Flip camcorder |
| losses, and has concerns over the pace at which | | | | maker Pure Digital Technologies. |
| it can enter new markets. | | | | Cisco is eyeing for WiMAX Network Business |
| In the first quarter, Clearwire added 25,000 | | | | Clearwire is also all set to line up its end user |
| subscribers, which is just over the half the | | | | gadgets. They have Samsung who will be |
| number of new users which were signed up a | | | | releasing the WiMAX enabled laptops this summer. |
| year earlier as it shifted its focus on new product | | | | Cisco assumes that the agreement may perhaps |
| mix. The company is a leader in technology | | | | open doors to more WiMAX network businesses. |
| known as WiMAX, which delivers high-speed | | | | Cisco has tried hand in WiMAX since its 2007 |
| wireless Internet access, ended the period with | | | | acquisition of WiMAX equipment vendor Navini, but |
| 500,000 subscribers. Sales rose 21%, to $62.1 | | | | it has yet to make its place in the market valued |
| million, while its loss ballooned to $260.6 million, | | | | at $1.8 billion last year and dominated by Motorola |
| from $97.4 million. Shares tumbled 10.5%, to 5.09. | | | | (MOT), Alcatel-Lucent (ALU), and Alvarion (ALVR) |
| Will Cisco Gear meet the corporate demands? | | | | lately. Earlier this year, Cisco said it had won |
| To meet up with the growing challenges, | | | | several WiMAX contracts in the Eastern Europe. |
| Clearwire CEO Bill Morrow announced sweeping | | | | The agreement is also to boost up the WiMAX |
| management changes. COO Perry Satterlee | | | | technology. Few of the WiMAX’s and |
| stepped down, with the company not announcing | | | | Cisco’s hold it will be predicted on how |
| a replacement. Bill Morrow, who took over in | | | | successful Clearwire will be in attracting users and |
| March, brought in former Lenovo executive G. | | | | competing with the current carriers like AT&T |
| Michael Sievert as the company's new chief | | | | and Verizon Wireless in mobile broadband. But the |
| commercial officer. Clearwire has also appointed | | | | collaboration with Cisco might turn out to be |
| Kevin Hart as the new chief information officer | | | | beneficial for Clearwire and remove some of the |
| and Laurent Bentitou as the new chief people | | | | uncertainties. |