DALLAS, March 11, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring communications company Clearwire Corp. (Nasdaq:CLWR). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The full report is available at: http://www.beaconequity.com/i/CLWR
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Clearwire Corp. (CLWR) builds and operates mobile broadband networks that provide high-speed residential and mobile Internet access services and residential voice services in communities. Its 4G mobile broadband networks creates a communications channel into the home or office. As of December 31, 2009, it operated in 61 markets in the United States and Europe. It had approximately 642,000 retail and 46,000 wholesale subscribers.
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In the report, the analyst notes:
"Consolidated revenue increased by 34% to $79.9 million in the fourth quarter of 2009, versus pro forma revenue of $59.7 million for the same quarter of 2008. Revenue growth was driven primarily by CLWR's larger subscriber base, including the addition of 10 new markets year-over-year.
"Sprint Nextel Corp. has adjusted the targets for its executives to collect short-term bonuses, placing emphasis for the first time on attracting customers for its new wireless Internet service. ... Top executives will be graded on those guidelines, with 45% of the score based on net service revenue, 25% based on adjusted operating profits, 20% based on retention of annual contract (postpaid) customers and 10% based on the of customers signing up for CLWR's fourth-generation wireless Internet service, which Sprint resells under its brand. Sprint is a majority owner of CLWR, based in Kirkland, Wash., which it will use to roll out the 4G service."
To read the entire report visit: http://www.beaconequity.com/i/CLWR
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