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iansltx

join:2007-02-19
Austin, TX
kudos:2
reply to Karl Bode

Re: Nice deal

Easy answer: pump more cash into CLWR.

My question though is whether the bundle can be had without CATV.


Samsonian

join:2007-06-15

said by iansltx:

Easy answer: pump more cash into CLWR.

My question though is whether the bundle can be had without CATV.
You're right. Clearwire has about $3 billion to build out its network through 2012, but they'll need to raise more capital after that. They've said they need about $5-$6 billion to fully build a national network. Comcast can certainly afford that, they make several billion a year and recently made $1.5 billion offer to buy back bonds. AT&T and Verizon have made tens of billions of wireless, Comcast can't just let them have it without a fight, even though they're entrenched.

I don't see why they wouldn't sell the bundle without CATV, although they might charge another $10 a month more.