On Air Now

Listen

Listen Live Now » 106.1 FM Lansing, Michigan

Weather

Current Conditions(Holt,MI 48842)

More Weather »
68° Feels Like: 68°
Wind: SSW 3 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

AM Clouds/PM Sun 81°

Tonight

Partly Cloudy 64°

Tomorrow

PM Thunderstorms 84°

Alerts

Clearwire posts narrower quarterly loss even as revenue declines

NEW YORK (Reuters) - Clearwire Corp, the wireless service provider which is majority owned by Sprint Nextel, posted a narrower operating loss even as its quarterly revenue declined.

Clearwire's loss narrowed to $303.69 million from $421.89 million. Revenue fell to $318 million from $322 million. Clearwire agreed to be bought by Sprint for $2.97 per share.

(Reporting By Sinead Carew)

Comments