Clearwire has begun spending on its planned LTE overlay, Chief...
Clearwire has begun spending on its planned LTE overlay, Chief Financial Officer Hope Cochran said during a presentation at an investor conference Wednesday, according to Wells Fargo analyst Jennifer Fritzsche. The company has begun zoning for the overlay, expected to…
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cost $600 million, and is preparing for a rollout that’s set to begin in 2013, Fritzsche wrote investors. A total of 1,800 sites have received a notice to proceed and are ready to be built, she said in the note. Vendor financing should be in place when Clearwire begins purchasing LTE equipment, Fritzsche said.