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From the Blogosphere
Brightpoint Wins WiMAX Contract – Analyst Blog
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Brightpoint Inc. (CELL) received a shot on its arm as the company received a major contract to provide an integrated supply chain management system for the next-generation (4G) WiMAX network. Yesterday, the company announced that it has entered into an agreement with Time Warner Cable Inc. (TWC) to provide transportation management, inventory management, device customization, fulfillment, and reverse logistics for the latter’s upcoming WiMAX venture. Time Warner Cable, the second largest cable MSO in the U.S., will launch its 4G WiMAX mobile broadband services in three North Carolina mar...
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Time Warner Will Look Even Better Without AOL
<> Time Warner (TWX) is one of the largest media conglomerates in the world, with four distinct operating units. Cable Networks is the largest portion of the company, driving about half of operating earnings. This unit runs some of the most widely distributed and largest audience channels in cable, including TBS, TNT, CNN, and HBO. AOL, representing just under a quarter of profits, is the infamous Internet company that derives most of its income from dial-up service, but also has a sizable advertising business and operates numerous highly-trafficked sites like MapQuest and AIM (AOL Instant Mes>...
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Clearwire nabs $1.5 billion
Filed under: Competitive strategy, Google (GOOG), Sprint Nextel Corp (S) The vision of Clearwire (CLWR) is definitely ambitious: to "give you faster Internet at home, at work and on the go, so that people everywhere will have the magic of the Internet with them all the time." This means building a sophisticated network across the country, which does not come cheap. <>Tuesday, Clearwire announced yet another financing round, which comes to $1.56 billion. The investors include Sprint Nextel (S), Comcast (CMCSA), Time Warner Cable (TWC), Intel (INTC), Eagle River Holdings LLC, and Bright House Net>...
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Clearwire Raising $1.564B In Stock Offer At $7.33/Shr; Plans $1.45B Senior Note Offering
Clearwire To Get More Cash From Sprint, Comcast, Others
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Clearwire (CLWR) is going to get another $1.5 billion in capital from some of its key corporate investors, according to the Wall Street Journal, which cits “two people familiar with the matter.” The company needs the additional capital to build out its WiMax wireless broadband network. <>The Journal writes that Sprint (S), already a majority investor in Clearwire, will plunk down another $1 billion, while a group that includes Comcast (CMCSA), Intel (INTC), Time Warner Cable (TWC) and Bright House Networks will throw in another $500 million. Previous investor Google (GOOG) isn’t supposed t><><><>>>><>><><>><>>><><>< />><>< />><>< />><>< />><>< />>>< />...
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