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June 7, 2006

Clearwire in the clear

Posted by Tricia Duryee at 2:27 PM

On Monday, we reported that the Hunts Point community on the Eastside would vote on whether Craig McCaw could roll out his new wireless broadband service in the area.

McCaw, who lives in Hunts Point along with Microsoft's Steve Ballmer, has backed a number of wireless ventures after his McCaw Cellular Communications was bought by AT&T and turned into AT&T Wireless. He is at it again with Kirkland-based Clearwire, which has rolled out a wireless alternative to DSL and cable in nearly 30 U.S. cities.

Town Administrator Jack McKenzie said today the council approved the lease agreement on Monday. He said it is unknown when the service, a form of a technology called WiMax, will become available.

He added that the lease gives Clearwire the rights to have an antenna on a flagpole for $1,750 a month.

Clearwire filed for an initial public offering last month, with the intention of raising $400 million for operations.

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Tricia Duryee
Tricia Duryee
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