Sprint, LTE and the future of mobile WiMAX
The latest news from Sprint regarding their 4G offering problems due to lack of handsets and the news considering LTE roll out from Sprint management in the span of a week point to an unknown future for Clearwire and WiMAX deployment in the mobile domain in the US. Sprint management learned their lesson that a legacy cellular operator can not launch a service/network just based on data cards!
Clearwire with annual operational expenses of $0.5 billion and capital expenses requirement for expansion around $2-3 billion can not rely on its own revenue of $300 million! It is difficult to continue raising $3 billion per year with an unclear plan and justification of being a nationwide operator; sometime in the future. With capital mark dire situation and Sprint issues, Clearwire options are limited.