Thursday, September 13, 2007

Clearwire Launches Service in Spain

NEW YORK - Wireless Internet service provider Clearwire Corp. said Thursday it launched its Instant Internet, or "Instanet" service in Seville, marking its entry into Spain.

Clearwire (nasdaq: CLWR - news - people ) said its network in Seville covers more than 300,000 households. It employs radio signals using a secure or licensed spectrum, which are transmitted from a tower to a small wireless modem that connects users' computers to the Internet.

Spain follows Ireland and Belgium among European countries in which Clearwire has launched its service.

Shares of Kirkland, Wash.-based Clearwire rose 47 cents, or 2 percent, to $23.46. The company was founded by cell phone pioneer Craig McCaw and went public in March.

No comments: