STRATEGY ANALYTICS WiMAX Operator Assessment; Clearwire and Towerstream Not For the Risk-Averse.

0 Comments | M2 Presswire, March, 2007

M2 PRESSWIRE-28 March 2007-Strategy Analytics, Inc.: STRATEGY ANALYTICS WiMAX Operator Assessment; Clearwire and Towerstream Not For the Risk-Averse(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:28032007 Boston, MA - The Strategy Analytics Broadband Network Strategies analysis of WiMAX providers Clearwire and Towerstream suggests that their recent public offerings-- rare among US wireless broadband service providers--are a necessary, but insufficient, step toward market success.

The report, "WiMAX Service Providers Go Public: Ready for Prime Time or Looking for a Greater Fool?" notes that both the $600 million Clearwire IPO, and the much smaller $15 million, Towerstream offering, provide much needed expansion capital, yet both companies face extremely challenging...