venturebeat.com — More bad news for the struggling WiMAX wireless network Clearwire. Google is preparing to sell off its entire stake in the company, according to SEC documents filed by the search giant today. Google originally purchased a 6.5 percent stake in Clearwire back in 2008 for a cool $500 million.
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barfomaticFeb 26, 2012
We had Clearwire service in our town.Absolute case of pure suck !
johnnysoftwareFeb 26, 2012
What ever happened to all that "dark fiber" Google bought up several years ago.
Companies laid lots of fiber optic cable across the US a decade ago, just prior to the dotcom bust and even during it. There was little demand for it at the time and those companies went belly up.
Google ended up buying it because it was just sitting there in the ground unused ["dark"].
Supposedly, they were going to offer services over it or gain independence from the established telecom carriers. But I haven't heard any statements that they had done _anything_ with it since those pronouncements by 3rd party pundits years ago.
southsideirishFeb 26, 2012
Probably because of the government imposed monopoly prevents them. Just because you have the fiber doesn't mean you can do anything with it, because you have to be able to hook the houses up to it, the last mile, and in my town the last mile is either done by Crapcast, or the Evil Spawn of Satan (ATT).
FPSmotoFeb 26, 2012
I'm sure their R&D department is working on something. They're testing in Google, KS with their 1gbps internet, so they have big ideas when it comes to speed. If they could gain a foothold on the internet and allow for information to be transferred that fast, it would user in a new era for the technology age.
southsideirishFeb 26, 2012
But will the government allow it. The Feds don't want you to have access to the real internet, just one that they control. If we really had a free country then we would have a choice of providers, not the crap we get now.
johnnysoftwareFeb 26, 2012
The same guy who told me five years ago that Apple was doomed, it's iTunes music sales were in the process of drying up, its upcoming phone (iPhone) would never sell, and nobody would buy computers from Apple also told me that WiMAX was going to be huge and really catch on. 8-D
I don't know _anybody_ at the moment that has WiMAX and I only met one person who even might have had it.
Just about every family I know has at least one iPhone, Android, iPad, or Mac now.
People are learning that bandwidth over the air is very finite and you cannot get infinite channels at infinite speed using radio waves. The phone companies and others now offer 5 to 30 megabits per second to homes over optical fiber. The cell phone and iPad carriers offer 3G and/or 4G connectivity too.
The company likely overestimated the amount of over-the-air bandwidth available, and underestimated the cost of it -- while getting blindsided by the emergence of super fast affordable fiberoptic Internet connections to the home. Plus, mobile devices are gobbling up RF bandwidth. I'm not sure how much people need a WiMax solution for stationary desktops/laptops.
upeshrajakFeb 26, 2012
Thanks Friend
g21networkFeb 27, 2012
WiMAX wireless network Clearwire have to strugle more i guess.
spc4Feb 26, 2012
That didnt take long.
pika2000Feb 26, 2012
I signed up with Clearwire when they had the $25 no-contract unlimited for Apple devices. Then they stopped that. Then they start charging my monthly account for no reason. Then they emailed me that they will close my account if I don't sign up for the more expensive plans. Well, good riddance.
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