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Clearwire Corporation (CLWRD) Message Board

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  • mega.hurts mega.hurts Nov 5, 2010 10:15 AM Flag

    CLWR admits, "...may not be able to continue as a, 'going concern' "

    You're confusing the company's lack of Net Profit, which is not expected at this stage of CLWR's deployment, with the lack of sufficient progress toward revenue and gross margin to become profitable. Those are very different things.

    CLWR has a lot of problems but one of them is that it doesn't capture nearly enough revenue per sub. Retail is dead and its wholesale ARUP is far below that of its competitors. In part that's due to CLWR's data-centric service and no indigenous voice offering.

    CLWR's announced cash saving measures are not designed to make the company more efficient nor will it solve the top line revenue problem, its merely a way to buy time.

 

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