Craig O. McCaw yesterday told an audience of wireless experts that after years of investing in cellular, satellite and local phone upstarts, he has come up with a new strategy for delivering high-speed wireless Internet access at a price lower than that charged by cellular companies.
McCaw has purchased a company called Clearwire Inc. for an undisclosed amount and will use its name and resources, as well as technology developed by another McCaw-owned company, NextNet Wireless Inc., to launch his latest effort. (full story)
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