Motorola buys its way into Clearwire's network
Motorola is acquiring NextNet Wireless, the broadband wireless equipment owned by Clearwire, which also has been the exclusive supplier of equipment for Clearwire's network.
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The acquisition was announced in conjunction with a separate investment of $300 million that Motorola is making in Clearwire, and a simultaneous $600 million investment the service provider is receiving from Intel.
As of the summer of 2005, Clearwire officials told Telephony they preferred to have the Bellevue, Wash.-based service provider own its own equipment supplier to give it more control over gear capabilities, and development and delivery timelines.
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© 2012 Penton Media Inc.
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