clearwire reports record first quarter 2011 results
wed may 4, 2011 4:01pm edt
selling, general and administrative (sg&a) expense for the first quarter 2011 increased 4.5% to $224.0 million compared to $214.4 million for the first quarter 2010. the increase is primarily due to higher general and administrative expenses, including customer care, commissions and property taxes incurred during the three months ended march 31, 2011, offset by lower marketing expenses as the company continues to focus sales efforts on lower cost channels.
2011 outlook
may
clearwire [2] ended the first quarter 2011 with approximately 6.15 million total subscribers, up 533% from 971,000 subscribers in the first quarter 2010. the subscriber base consists of 1.29 million retail subscribers and 4.86 million wholesale subscribers. during the first quarter 2011, clearwire [2] added 1.8 million total net new subscribers, including 155,nba fitted hats,000 retail additions and 1.6 million wholesale additions. clearwire [2]‘s wholesale subscribers consist primar
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