. Clearwire announced recently that it has garnered another $734 million in funding after closing its public offering of Class A common stock at $2.00 per share. The public offering earned Clearwire $384.1 million after commissions, and it pulled in an additional $331.4 million selling Class B shares to Sprint. ”This equity raise is a critical step for Clearwire to achieve its long-term business plan of creating the first wide-channel TDD-LTE 4G network in the U.S.,” president and CEO of Clearwire Erik Prusch said.
Boy Genius Report, Clearwire raises another $734 million in funding from Sprint and public offering
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