Time Warner Cable Sells Clearwire Stake
As Attention Naturally Shifts to Verizon Partnership
With their new Verizon Wireless partnership getting its full attention, Time Warner Cable is now selling their previous stake in Clearwire. Time Warner Cable has alerted other Clearwire investors like Sprint
that the company will be selling its 7.8% stake in Clearwire, ending the company's foray into selling WiMax services. Time Warner Cable never gave hard subscriber numbers but the numbers they did provide were never particularly impressive
despite the service being offered since 2009
. Time Warner Cable, like Comcast, now sells bundled Verizon Wireless services while offering pre-paid gift cards to customers who bundle.