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Clearwire wins contract with Leap Wireless

2012.03.15 13:26 by Daniela
Keywords: Clearwire, Leap Wireless

Leap Wireless yesterday announced a five-year deal with Clearwire to leverage the provider's network for Leap's upcoming 4G LTE network.

"The high-speed 4G LTE networks we are deploying will complement our robust 3G network and allow us to continue innovating value for our Cricket customers," said Doug Hutcheson, president and CEO of Leap Wireless. "We believe this agreement with Clearwire provides us with an attractive option to supplement our own LTE build-out strategy and gives us the flexibility to access additional 4G capacity where needed as data-centric devices continue to become more popular."

After this deal, Clearwire is seeking new partners as it transfers to LTE from older WiMAX technology. Regulators have grounded LightSquared mobile-broadband venture and temporarily denied Dish's request to convert satellite spectrum for use in ground-based high-speed wireless networks, which benefits Clearwire, Kevin Smithen an analyst with Macquarie Capital USA Inc., said.

Clearwire intends to launch 5,000 TD-LTE cell sites by June 2013, and Clearwire CEO Erik Prusch has said that "not too terribly long" after the first 5,000 sites are online, Clearwire will expand that coverage to 8,000 sites.

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