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