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President Obama Launches $100 Million Initiative at the White House

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Shares of Clearwire Corp. the high-speed Internet operator, rose nearly 5% in Wednesday’s trading after the company announced Wednesday that its subsidiary, Clearwire Escrow Corporation, has priced $920 million in new debt financing.

Broadband Internet provider Clearwire Corp. has raised an additional $920 million, bringing its new funding tally to over $2.8 billion in recent weeks as it gears up to built out an advanced wireless network.

The reborn OpVista, now named Vello Systems, seems to be adding some new twists to its optical system

Like Comcast, Time Warner Cable is reselling Clearwire Mobile WiMax service and bundling it with the company's existing broadband, TV and VoIP services. Back in October , the company indicated that they'd be launching their incarnation of the service starting December 1 in Raleigh, Durham, Cary, Chapel...

Brightpoint Inc. (CELL) received a shot on its arm as the company received a major contract to provide an integrated supply chain management system for the next-generation (4G) WiMAX network. Yesterday, the company announced that it has entered into an agreement with Time Warner Cable Inc. (TWC) to provide transportation management, inventory management, device customization, [...]

(CELL) Brightpoint Wins WiMAX Contract

Brightpoint Inc. (CELL) received a shot on its arm as the company received a major contract to provide an integrated supply chain management system for the next-generation (4G) WiMAX network. Yesterday, the company announced that it has entered into an agreement with Time Warner Cable Inc. (TWC) to provide transportation management, inventory management, device customization, fulfillment, and reverse logistics for the latter’s upcoming WiMAX venture.
 
Time Warner Cable, the second largest cable MSO in the U.S., will launch its 4G WiMAX mobile broadband services in three North Carolina markets from Dec 1. Under the brand name of “Road Runner Mobile", this super-fast mobile broadband network will support Internet speed of 6 Mbps. The “Road Runner Mobile" service will provide its subscribers the convenience of mobility so that the customers can enjoy the WiMAX services on their devices anywhere they go within their service circle.
 
Brightpoint will provide a streamlined supply chain solution to Time Warner Cable to support the launch of Road Runner Mobile including wireless data card, accessory and collateral fulfillment and returns, triage and repairs. Brightpoint has enhanced its portfolio of product offerings with a full range of sales & distribution, logistics, and activation services. The company has a solid global customer base. Management continues to seek new operational initiatives that foster improved customer handling of handsets, in particular PDA’s, data and 3G/4G wireless devices.

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The New York City Council is voting on a resolution this morning supporting the idea that Internet service providers cannot discriminate against web traffic on their networks. As gestures go, this resolution supporting net neutrality is more symbolic than it is useful, and to that end has already yielded a couple of photos of FCC [...]

BloggingStocks: The vision of Clearwire (CLWR) is definitely ambitious: to "give you faster Internet at home, at work and on the go, so that people everywhere will have the magic of the Internet with them all the time." This means building a sophisticated network ... Read more

Time Warner Cable Inc. (TWC) reported its third quarter results today. Total revenues of $4.5 billion marked a 4% year-over-year improvement and were in line with the Zacks Consensus Estimate. This solid performance was the result of the continued growth in Subscription revenue partially offset by a decline in Advertising revenue. Quarterly GAAP net income [...]

(TWC) Time Warner Cable Delivers

Beth Gaston Moon takes a look at news on the Street before the market opens.

Two Wall Street Analysts Review Value Line's June 29, 2007 Edition

Beth Gaston Moon takes a look at activity in the options pits today.

Two Wall Street Analysts Review Value Line's March 30, 2007 Edition