After a decline in its first quarter earnings, Clearwire bounces back with good news. The company has been dangling the prospect of its LTE network for quite some time, but it recently provided additional details on its rollout.
Clearwire says the launch of its network will arrive in 31 cities in the first half of 2013.
The rollout will focus on major cities and “hot zones” in urban centers, where demand for spectrum is high. The big names right now are Chicago, Los Angeles, New York City, San Francisco, and Seattle. The other cities will be named in the upcoming months.
Clearwire says its network will bring much-needed capacity on a wholesale basis. Its new TD-LTE will address demands for mobile data and scarcity of spectrum in urban and suburban markets.
The company currently has a Wi-MAX wholesale agreement signed with Sprint, a long-standing business partner.
Clearwire ended its first quarter with 11 million subscribers.