Clearwire to Issue $1.1 Billion in New Debt

Clearwire Communications says it plans to issue new debt of more than $1.1 billion. That's about a fourth of what some analysts think the company will have to raise to complete its national network. The debt issuance does not mean equity investments might not also occur later, as some $3 billion in additional funding might be required, ultimately.

Some of those observers believe the $1.1 billion is enough to get Clearwire through 2011.

Clearwire Corp - News Room