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Clearwire Tells Investors To Expect 30.8 Million Subs By 2017

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imageIn a presentation to investors today, Clearwire peeled back its cloak of secrecy and detailed some of its future plans, just over a month after it signed a deal with Sprint (NYSE: S), Google (NSDQ: GOOG), Comcast (NSDQ: CMCSA), Time Warner (NYSE: TWX) and Brighthouse to build a nationwide WiMax network. The most interesting information from the 31-page slide presentation was Clearwire’s aggressive goals when it comes to building out new markets and projecting the number of subscribers it will have by 2017. In addition, the company said it sees a lot of its growth coming from selling multiple products to its subscribers, including residential broadband, residential voice, mobile broadband, mobile voice and mobile entertainment. Of those five products, they estimate that people may spend between $109 and $258 a month on Clearwire (NSDQ: CLWR). Separately, ArsTechnica dug up a document Clearwire filed with the FCC asking for the ability to merge both Clearwire and Sprint’s spectrum holdings. In the filing, Clearwire smartly argues that it will provide the true “third pipe” Internet access to home and mobile users at speeds of 6Mbps and 3Mbps uplink.

SEE ALSO: Google Deal With Clearwire Includes Everything But Its Millions Of Miles Of Fiber

Webcast. Slides.

2009: Clearwire expects to serve 1.3 million customers in a territory that covers up to 80 million people. On average, a customer will sign up for 1.2 products.

2010: Clearwire forecasts having 4.6 million customers in a territory covering up to 140 million people. Of those customers, 1.8 million would be wholesale subscribers, coming via Sprint or a cable partner. On average, customers will have 1.3 products.

2011: Clearwire forecasts having 8.5 million customers in a territory covering up to 160 million people. Of those customers, 3.7 million will be wholesale. On average, customers will be using 1.5 products.

2014: Clearwire forecasts having 19.5 million customers in a territory covering about 200 million people. Of those customers, 9 million will be wholesale. On average, they will use 1.6 products.

2017: Clearwire forecasts having 30.75 million customers in a territory covering up to 220 million people. Of those customers, 14.15 million will be wholesale. On average, customers will be using 1.7 products.

Jun 12, 2008 4:52 PM ET

Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, Broadband, WiMax, Companies, Clearwire, Google, Sprint

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