Clearwire (NASDAQ: CLWR) added four new markets in central Pennsylvania--Harrisburg, Reading, Lancaster and York. The new markets round out Clearwire's existing mobile WiMAX coverage in Philadelphia, and brings its total coverage to about 40 million POPs. Clearwire plans to cover 120 million POPs by year-end.
Clearwire is offering new customers in these markets a promotional price plan of $15 per month for the first two months of service after a $25 service credit with a two-year contract. The company currently sells home Internet service for $30 per month and mobile Internet service for $40 per month. Customers can combine home and mobile with plans starting at $55 per month.
Meanwhile Sprint Nextel (NASDAQ: S) also announced it will begin selling its Sprint 4G service--which uses the Clearwire mobile WiMAX network--in the four Pennsylvania markets. The company is touting its Overdrive device that lets users connect up to five WiFi gadgets to the Internet by backhauling traffic over WiMAX.
In other Clearwire news, the company filed an 8K report with the SEC on Friday informing investors that Sean Maloney, executive vice president and marketing officer at Intel, has resigned from its board of directors. Maloney is currently on medical leave from Intel. In his absence, Intel nominated Arvind Sodhani, executive vice president of Intel and president of Intel Capital, to replace Maloney. Intel also told Clearwire that Maloney is expected to make a full recovery, and once he resumes his business responsibilities Intel plans to nominate him to return to the board.
- see this Clearwire release
- see this Sprint 4G release
- see this 8K form from Clearwire
Clearwire expands markets, boosts network
Clearwire: Mobile WiMAX subs eating 7 GB per month
Clearwire net additions soar to 87K in Q4
Clearwire CEO hints at WiMAX Android smartphone
Clearwire raises an additional $920M in financing