Clearwire Gets More Dough

In the past two months, Clearwire has received over $1.1 billion to develop a nationwide WiMax network. It won $900 million in investment from IntelCapital and Motorola Ventures for the project in July. It secured a further $100 million from two investors and $125 million in debt financing from Morgan Stanley, Merrill Lynch, and JP Morgan. Clearwire has gathered a total of $2 billion since the startup’s inception in 2003.
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