Clearwire earnings

 

Clearwire Quarterly Losses Widen on Higher Costs

WiMAX operator Clearwire Corp. (CLWR) widened its fourth-quarter losses on higher expenses. The company, owned mostly by mobile provider Sprint Nextel Corp. (S), lost $98.7 million in the three months ended Dec. 31, 2009. That was compared to a loss of $90.4 million in the year-earlier period. Still, sales did increase. Revenue jumped 34 percent to $79.9 […]

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