Clearwire: Taking WiMAX to the Street

Analysts predict a strong IPO for Craig McCaw's latest venture, but revenues remain highly speculative. Will its mobile WiMAX push do the trick?

On Mar. 6, Clearwire, the company headed by wireless pioneer Craig McCaw, is expected to sell shares in what could be one of the most talked about—and sought-after—tech initial public offerings of the year. The Kirkland (Wash.) company, which provides services through the wireless broadband technology known as WiMAX, plans to offer up to 23 million shares, at $23 to $25 each.

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