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January 8, 2007

Clearwire to acquire Irish provider?

Posted by Tricia Duryee at 10:47 AM

A number of publications are reporting today that Kirkland-based Clearwire is getting ready to buy Irish Broadband, a wireless Internet provider.

The U.K.'s Times Online said the two are believed to be in advanced negotiations and a deal is expected to be concluded by early February. The sale price is thought to be about 25 million euros or about $32.6 million, the paper reported.

Clearwire launched a wireless broadband service in Ireland in 2005.

Worldwide, Clearwire has about 188,000 subscribers. Irish Broadband, led by Neil Parkinson, has about 30,000 broadband subscribers.

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Tricia Duryee
Tricia Duryee
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