Craig McCaw, Clearwire Chair, has left the company. Clearwire says no disagreement prompted McCaw’s resignation, but the company’s fate is now even more in question. Clearwire has had a difficult year. Early on, they were expanding 4G into NYC, LA, and San Fran. The very next month, they were cutting 15% of their staff and halting all expansions. Shortly after that, they shed $1.1 billion in debt in an effort to save themselves.
With Craig McCaw gone, some suggest the only clear option for Clearwire is to sell to Sprint.