Clearwire 2009 Annual Report Download - page 15

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Eagle River held 2,612,516 shares of Class B Common Stock and an equivalent number of Clearwir
e
Communications Class B Common Interests, and 3
5
,922,9
5
8 previousl
y
purchased shares of Class A
Common Stock, together representing approximately 4.1% of the voting power of Clearwire.
C
learwire holds all of the outstanding Class A non-voting equity interests of Clearwire Communications,
whi
c
h
we re
f
er to as C
l
earw
i
re Commun
i
cat
i
ons C
l
ass A Common Interests, an
d
a
ll
o
f
t
h
e outstan
di
n
g
vot
i
n
g
i
nterests of Clearwire Communications, which we refer to as Clearwire Communications Votin
g
Interests
,
r
epresentin
g
an approximatel
y
21.1% economic interest and 100% of the votin
g
power of Clearwir
e
C
ommun
i
cat
i
ons
.
W
hil
et
h
e respect
i
ve owners
hi
p percentages o
f
Spr
i
nt, t
h
e Investors an
d
Eag
l
eR
i
ver may c
h
ange as a resu
l
to
f
t
he Ri
g
hts Offerin
g
, each of Sprint, the Investors and Ea
g
le River will maintain si
g
nificant votin
g
power i
n
Clearwire.
At the closin
g
of the Transactions, Clearwire, Sprint, Ea
g
le River and the Investors entered into th
e
E
qu
i
ty
h
o
ld
ers’ Agreement w
hi
c
h
sets
f
ort
h
certa
i
nr
i
g
h
ts an
d
o
bli
gat
i
ons o
f
t
h
e part
i
es w
i
t
h
respect to t
he
g
overnance of Clearwire, transfer restrictions on Class A Common Stock and Class B Common Stock, ri
g
hts of first
r
efusal and pre-emptive ri
g
hts, amon
g
other thin
g
s. As the holders of nearl
y
90.0% of the total votin
g
power of
C
l
earw
i
re, Spr
i
nt, Eag
l
eR
i
ver an
d
t
h
e Investors toget
h
er e
ff
ect
i
ve
l
y
h
ave contro
l
o
f
C
l
earw
i
re
.
We current
ly
con
d
uct our operat
i
ons t
h
rou
gh
our
d
omest
i
can
di
nternat
i
ona
l
su
b
s
idi
ar
i
es. C
l
earw
i
re Com-
m
un
i
cat
i
ons
h
as t
h
ree pr
i
mar
yd
omest
i
c operat
i
n
g
su
b
s
idi
ar
i
es t
h
at are w
h
o
lly
-owne
d
,
di
rect
ly
or
i
n
di
rect
ly
,
by
Clearwire Communications: Clear Wireless LLC, which o
p
erates our all of our new 4G mobile markets; Clearwir
e
U
S LLC, w
hi
c
h
operates our
l
egacy
d
omest
i
c mar
k
ets an
d
our mar
k
ets t
h
at
h
ave
b
een converte
df
rom pre-4
G
t
ec
h
no
l
ogy to mo
bil
eW
i
MAX tec
h
no
l
ogy; an
d
C
l
ear W
i
re
l
ess Broa
db
an
d
LLC, w
hi
c
h
operates our 4G mo
bil
e
b
roadband market in Baltimore, Mar
y
land. Our spectrum leases and licenses in the United States are primaril
y
hel
d
b
y separate
h
o
ldi
ng compan
i
es. Internat
i
ona
ll
y, our operat
i
ons are con
d
ucte
d
t
h
roug
h
C
l
earw
i
re Internat
i
ona
l
,
L
LC, an
i
n
di
rect, w
h
o
ll
y-owne
d
su
b
s
idi
ary o
f
C
l
earw
i
re Commun
i
cat
i
ons, w
hi
c
h
a
l
so
i
n
di
rect
l
y
h
o
ld
s
i
nvestment
s
i
n Euro
p
e and Mexico.
5