Full speed ahead...
Wednesday, the company announced that Intel and Motorola increased their financing in the company -- pushing total capital raised in the most recent round to more than $1 billion. Clearwire also said it raised $125 million in debt financing and completed the sale of its NextNet Wireless subsidiary to Motorola. In July, the company announced $900 million in funding from Intel and Motorola. At the same time, the company scrapped plans for an initial public offering.
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