2/11/2006

Puls Biznesu - English news: U.S. Clearwire plans to buy many frequencies in Poland

U.S. Clearwire plans to buy many frequencies in Poland

The U.S. operator has big funds to invest in Poland. It has bought national frequencies already.

Clearwire, the U.S. mobile internet provider tries to receive radio frequencies for the third time. Even it fails again, it has already reached access to the Polish market. The Americans have twice failed to win national frequencies 3.6-3.8 GHz. The winner was a mysterious E-Internets company, which offered the highest price of PLN 5.6m (EUR 1.5m). The company failed to pay the fee in due time and when it finally did, it turned out that Clearwire was engaged in the process. The U.S. company paid for the frequencies. Now, its subsidiary Clearwire Poland Spectrum is taking part in 37 regional tenders for frequencies. If and when the group will use the frequencies it bought remains secret.

Clearwire cannot be underestimated. Craig McCaw, the founder of one of the first U.S. mobile operators is one of Clearwire’s shareholders. Clearwire offers its services in the USA, Canada and Mexico. Last year, it started applying for radio frequencies in Europe. It wants to operate in every country where the frequencies are available. It is present in Ireland, Belgium and Denmark. It develops through acquisitions as well. It has already spent USD 17-20m for acquisitions. Clearwire has USD 250m from Intel and Bell Canada plus it has USD 260m of a credit.



(PLN 1 = EUR 0.264)

Source: APA - Austria Presse Agentur



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