Mooreland Partners advises Clearwire in the sale of its Belgian and German operations
London, UK / Bellevue, WA – June 7, 2012 – Mooreland Partners is pleased to announce that it acted as exclusive financial advisor to Clearwire Corp. (NASDAQ:CLWR) in the sale of its Belgian and German 4G wireless spectrum holdings and wireless broadband operations.
Clearwire is a leading provider of 4G wireless broadband services covering more than 130 million people in the US. The company holds the deepest portfolio of wireless spectrum available for data services in the US. Clearwire is headquartered in Bellevue, WA (www.clearwire.com).
The divestments were made as part of Clearwire’s strategy to refocus on its US operations. Both transactions involved strategic acquirers seeking to secure substantial 4G spectrum ahead of planned roll outs of 4G wireless broadband services in the two countries.