Clearwire Corporation
CLWR ("Clearwire"), a leading provider of 4G mobile broadband
services in the U.S., today announced the commencement of an underwritten
public offering of 46.4 million shares of its Class A common stock by certain
affiliates of Time Warner Cable Inc., which represents approximately 7.8% of
the total outstanding Class A common stock and approximately 3.2% of the total
outstanding Class A common stock and Class B common stock. Credit Suisse
Securities (USA) LLC is acting as the sole underwriter for the offering.
Clearwire will not receive any proceeds from the sale of the shares being sold
by the selling stockholders.
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