Clearwire to file for $400 million IPO

Greensboro is one of the launch markets for Clearwire, and there is definitely a business in this industry. Launching with pre-WiMax technology and readily available to migrate to WiMax when the standards set in, they’re looking to IPO and raise $400 million to buy additional spectrum for the future.
While there are many many technologies coming down the pipeline, WiMax is definitely one of the leading wireless initiatives in serving metropolitan networks.
Via WiFiPlanet