Clearwire 2007 Annual Report Download - page 10

CLEARWIRE CORPORATION AND SUBSIDIARIES
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This Annual Report on Form 10-K, including the “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” contains “forward-looking statements” that represent our beliefs, projec-
tions and predictions about future events. These statements are necessarily subjective and involve known and
unknown risks, uncertainties and other important factors that could cause our actual results, performance or
achievements, or industry results, to differ materially from any future results, performance or achievement
described in or implied by such statements. Actual results may differ materially from the expected results described
in our forward-looking statements, including with respect to the correct measurement and identification of factors
affecting our business or the extent of their likely impact, the accuracy and completeness of publicly available
information relating to the factors upon which our business strategy is based or the success of our business.
You should review carefully the section entitled “Risk Factors” for a discussion of these and other risks that
relate to our business.
PART I
ITEM 1. Business
Our Company
We build and operate next generation wireless broadband networks that enable fast, simple, portable, reliable
and affordable Internet communications. Our wireless broadband networks cover entire communities and deliver a
high-speed Internet connection that not only creates a new communications path into the home or office, but also
provides a broadband connection anytime and anywhere within our coverage area. We intend to evolve our
networks and the services we provide to facilitate a greater range of mobile communications services than we
currently offer. Beginning in the second half of 2008, we expect to deploy the standards based mobile WiMAX
service, which is based on the IEEE mobile Worldwide Interoperability of Microwave Access 802.16e-2005
standards in our new markets. We believe mobile WiMAX will enable us to offer fixed, portable and mobile services
over a single network. As mobile WiMAX is a standards based technology, we expect manufacturers to offer a
number of handheld communications and consumer electronic devices that will be enabled to communicate using
our mobile WiMAX network. These devices could include notebook computers, ultra mobile personal computers,
or UMPCs, personal data assistants, or PDAs, gaming consoles, MP3 players, and other handheld devices.
Our current service is both competitive with and complementary to existing wireline and wireless networks.
Our subscribers may access the same rich content, applications and services as subscribers of wireline broadband
services, while also experiencing much of the freedom and flexibility that large scale wireless networks enable. We
believe our current pre-WiMAX network combines some of the best features of cellular, cable modem, digital
subscriber line, or DSL, and wireless fidelity, or Wi-Fi, networks into a single service offering that legacy networks
do not currently match. As our capabilities evolve with the introduction of mobile WiMAX, we also expect to
develop and offer additional innovative and differentiated products and services. Our Voice over Internet Protocol,
or VoIP, telephony service and over the air PC card are examples of services and products that complement our
current wireless broadband offering.
Our current wireless broadband Internet access service is:
•Fast. We offer connectivity speeds that typically exceed cellular networks and we believe are competitive
with wireline broadband offerings.
•Simple. Our services are easy to acquire and use, with little or no professional installation typically
required.
•Portable. Unlike wired networks, our customers can access our network from anywhere within our
coverage area.
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