Clearwire saw a huge uptick in 4G wireless subscribers in the fourth quarter, which helped the company narrow its losses.
The company, which is building a nationwide 4G wireless network, added 87,000 new subscribers in the fourth quarter, it reported Wednesday. This is up from the 5,000 it signed up in the fourth quarter of 2008. Clearwire ended the year with a total of 688,000 customers.
These subscribers also included wholesale customers, which use the Clearwire service through one of its partners, such as Sprint, Comcast, or Time Warner Cable. Clearwire said that its wholesale subscribers jumped … Read more