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Clearwire clears 400K subscriber mark
Clearwire posted a first quarter loss that was nearly double its year-ago loss because of increasing network buildout costs. The $176.4 million loss is close to twice last year's $92.6 million figure. Clearwire's total revenue rose 76 percent to $51.5 million, up from $29.3 million last year.
Subscribers: Clearwire added 48,000 net new subscribers during the quarter. The carrier ended the quarter with about 443,000 total subscribers.
ARPU: Clearwire reported a slight increase in average revenue per user (ARPU): $36.86, up from $35.80 last year. The carrier pointed to increased sales of VoIP and PC cards as well as an improvement in international sales as reasons for the ARPU uptick.
Churn: Clearwire posted domestic churn of 2 percent for the first quarter of the year and 2.2 percent consolidated churn, which includes its international markets.
For more:
- read this Clearwire's Q1 press release
Comments
If Clearwire thinks they have money issues now, wait to see how much the Xohm team has squandered on their WiMAX network with no backhaul.

