Clear WiMax Network at Wall Street's Mercy

Today the Wall Street Journal finally got around to pointing out that Clearwire’s plans to build out its Clear WiMAX network would likely be affected by the tight credit markets — something we first brought up in October. At that time, Clearwire said if needed, it could draw out the timing on its network build-out if it could not raise money at reasonable rates, an option Clearwire CEO Ben Wolff...