Clearwire's churn increases slightly to 1.6%

Clearwire posted a solid first quarter as it added approximately 52,000 net subscribers, which brings its total subscriber base up to 258,000. The company's churn rate, however, slipped and increased slightly to 1.6 percent, up from 1.4 percent. Clearwire posted total revenue of about $29.3 million in Q1 2007, up from $9.5 million in the same quarter last year. ARPU also climbed slightly year-over-year to $35.80, up from $32.37 this time last year.

Clearwire this week also noted that the FCC approved what it claims is the first "WiMAX-class" laptop card for bringing high-speed wireless links to mobile users. Motorola makes the card. Clearwire also just announced an expanded distribution deal with AOL.

For more on Clearwire's Q1:
- see this press release

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceWireless!

The Wireless industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. Sign up today to get wireless news and updates delivered to your inbox and read on the go.