Though it reported record growth in both revenue and subscriber count, Clearwire's bad news outweighed the good as it announced its fourth quarter earnings today. Here's the meat of it:
"The Company is actively pursuing a number of options to resolve its need for additional capital. The Company is in discussions with a number of its major shareholders and other third parties about a number of options, including potential strategic transactions, additional debt or equity financings and/or asset sales. While the Company is cautiously optimistic it will resolve its short-term funding needs in the near future, there can be no assurances. Thus, it is implementing a series of significant cash conserv