Friday, May 15, 2009

Clearwire and Cisco form alliance to deliver 4G mobile Internet services for consumers and businesses

May 15, 2009

Clearwire Corporation (NASDAQ:CLWR) and Cisco (NASDAQ:CSCO) announced today an alliance designed to enhance and expand CLEAR 4G mobile WiMAX services throughout the United States. Under terms of the agreement, Clearwire has selected Cisco as its national Internet Protocol Next-Generation Network (IP NGN) core infrastructure provider, and Cisco has announced plans to build new mobile WiMAX devices for the CLEAR 4G mobile WiMAX service for the consumer, small office or home office (SOHO), and small- and medium-sized business (SMB) markets...