Clearwire said that it had 173,000 subscribers for its mobile WiMax service at the end of September following net subscriber additions of 44,000 in the quarter. The operator's revenue increased by 13% year-on-year to 69 million US dollars in the third quarter.
During the quarter, Clearwire's mobile WiMax coverage increased by 67% to cover 10 million people as the company spent 400 million US dollars on capex compared with 129 million in the same quarter of 2008. It said it is still on track to provide coverage to 30 million people by the end of the year. source: Clearwire statement
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