Consumers and Businesses Will Have Access to 4G Service Several Times Faster Than 3GClearwire to Showcase 4G WiMAX Capabilities During a Press Conference Today at Parque Comercial Malaga Nostrum, Edicifio Galia, MalagaClearwire to Deploy Its First 4G Network Outside the United States
MALAGA, Spain, Jan 08, 2010 (BUSINESS WIRE) -- Clearwire Communications, LLC, an operating subsidiary of Clearwire Corporation (NASDAQ:CLWR, news, filings) announced today the expansion of its operations for Clearwire's 4G super fast mobile Internet service throughout the city of Malaga.
Malaga will be the first metropolitan 4G network in Spain and Clearwire's first 4G network in Europe. Clearwire's 4G Internet service in Spain, called Instanet(TM), provides consumers and businesses access to the Internet wirelessly, at true broadband speeds - at home, in the office, and on the go anywhere in the 4G Instanet coverage area. Clearwire 4G Instanet service will cover the entire metropolitan area of Malaga and nearly 600,000 people.
The 4G Instanet Difference
The Clearwire 4G Instanet customer experience is similar to that provided by Wi-Fi, but without the short-range limitations of a traditional Internet hotspot. CLEAR uses a wireless 4G technology that differs from Wi-Fi called WiMAX, a standards-based technology which provides service areas measured in miles, not feet. Furthermore, Clearwire 4G Instanet gives average mobile download speeds of 3 to 6 mbps with bursts over 10 mbps.*
As the Internet integrates deeper into daily life, the opportunities to stay connected and be productive are enhanced by CLEAR in numerous ways. For example:
- A mobile professional no longer needs to seek out Wi-Fi hotspots or be constrained by the speeds and limitations of 3G modem cards;
- A college student or retiree can now have affordable Internet service to meet their needs at home, on campus and on-the-go;
- A commuter can now work or access entertainment sites like YouTube on the way to and from home.
For these and many other customers, Clearwire's simple and innovative pricing provides ultimate flexibility. Instanet 4G rate plans can be purchased with or without a service-contract and do not include usage caps. Home 4G Instanet service plans start at EUR 29.90 a month. Additional savings are available for customers by purchasing a combination of services including 4G Instanet Home and 4G Instanet City. This option provides a 50 percent discount for life. Customers can find further detail on pricing options, business plans and purchase service online at http://www.instanet.es or by calling the toll-free number 1422.
Service can also be purchased by visiting authorized Clearwire 4G Instanet dealers throughout the area including; Carrefour, Media Markt, El Corte Ingles, PC City, Eroski, Urende and The Phone House among others.
Malaga Press Conference, 4G Showcase, Community Support and Advertising
Clearwire will host a press conference beginning at 12:30 p.m. CET followed by a consumer event at Parque Comercial Malaga Nostrum, Edificio Galia, C/Jaen, 9, Malaga. The event will include service demonstrations, giveaways and welcome remarks featuring Barry West, president of Clearwire international and Francisco de la Torre Prados, Mayor of Malaga.
Clearwire is pleased to have the support of Malaga's local community, business and academic organizations whose support has been integral in bringing Clearwire's 4G service to Spain. These include: The Club Malaga Valley, a community-based organization promoting innovation in technology, the University of Malaga and the Technology Park of Andalusia including its AT4 testing laboratory.
"Clearwire is excited to bring to Malaga residents, businesses and visitors an Internet experience similar to what they're used to having at home or the office, anywhere in the metropolitan area or on the go. The commitment of local government along with the region's status as a technologically-savvy and cultural hub makes Malaga a natural fit," said Gilberto Sánchez, Managing Director of Clearwire Spain. "Nearly 600,000 Malaga residents will be able to access the Internet immediately and affordably without the disadvantages or delays of traditional ADSL services."
Clearwire Communications, LLC, an operating subsidiary of Clearwire Corporation (NASDAQ:CLWR), offers a robust suite of advanced high-speed Internet services to consumers and businesses. As part of a multi-year network build-out plan, Clearwire's 4G service, called CLEAR(TM), will be available in major metropolitan areas across the U.S., and bring together an unprecedented combination of speed and mobility. Clearwire's open all-IP network, combined with significant spectrum holdings, provides unmatched network capacity to deliver next generation broadband access. Strategic investors include Intel Capital, Comcast, Sprint, Google, Time Warner Cable, and Bright House Networks. Clearwire currently provides 4G service, utilizing WiMAX technology, in 27 markets throughout the U.S. The company also provides pre-WiMAX communications services in 30markets across the U.S. and a combination of other high-speed Internet and 4G services in 5 markets in Europe. Headquartered in Kirkland, Wash., additional information about Clearwire is available at http://www.clearwire.com.
* Speed claims based on download speeds only. Actual performance may vary and is not guaranteed. CLEAR performance claim is based on average download user speeds achieved during tests performed on the CLEAR commercial network by CLEAR. Other carrier performance based on their advertised claims.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the securities laws. The statements in this release regarding plans for the development and deployment of the first nationwide next-generation wireless broadband network based on mobile WiMAX technology; the timing, availability, capabilities and coverage of our network, including market launch plans; products and services to be offered on our network; planned marketing and branding efforts and other statements that are not historical facts are forward-looking statements. The words "will," "would," "may," "should," "estimate," "project," "forecast," "intend," "expect," "believe," "target," "designed," "plan" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are projections reflecting management's judgment and assumptions based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Future performance cannot be assured. Actual results may differ materially from those in the forward-looking statements due to a variety of factors, including, but not limited to, the risks referenced in the section of Clearwire's Annual Report on Form 10-K filed March 26, 2009 and Quarterly Report on Form 10-Q entitled "Risk Factors," filed November 10, 2009. Clearwire believes the forward-looking statements in this release are reasonable; however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. Clearwire is not obligated to publicly release any revisions to forward-looking statements to reflect events after the date of this release.
SOURCE: Clearwire Communications, LLC
In the United States:
Clearwire Media Relations
Jennifer Morgan, 206-931-4559 (mobile)
JLM Partners for Clearwire
Mike DiGioia, 206-819-9032 (mobile)
Efecto Domino for Clearwire
Marisol García, 91 576 16 00 (office)
Rocío López, 91 576 16 00 (office)