DGAP-News: China Mobile and Clearwire Announce Collaboration on TD-LTE Devices

(firmenpresse) - Clearwire

14.09.2011 20:00
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HONG KONG and BELLEVUE, Wash., 2011-09-14 20:00 CEST (GLOBE NEWSWIRE) --
China Mobile, the world's largest mobile operator in terms of subscribers, and
Clearwire Corporation (Nasdaq:CLWR), a leading provider of 4G wireless
broadband services in the United States, today announced a collaboration to
accelerate the development of TD-LTE devices. Specifically, the two companies
agreed to work together to cultivate a robust device ecosystem that supports
multi-mode, multi-band devices with minimum component complexity and cost.

China Mobile and Clearwire both support the global 2.5 GHz spectrum band for 4G
deployments along with many other operators around the world. To date, both
China Mobile and Clearwire have conducted successful TD-LTE trials and tests
using commercially available/production-ready TD-LTE devices from numerous
vendors. The two companies will work jointly to further accelerate the
time-to-market availability of high volume TD-LTE chipsets and devices that
should be commercially available starting in 2012. In addition, the two
companies will collaborate to enable worldwide data roaming among TD-LTE,
FDD-LTE and other 2G/3G networks.

'The availability and cost of TD-LTE devices are critical success factors for
operators to deploy TD-LTE networks,' said Mr. Jianzhou Wang, Chairman of China
Mobile Communications Corporation. 'The cooperation with Clearwire will
leverage economies of scale in the two largest markets in the world to speed up
the development of TD-LTE devices. We anticipate the widest variety and most
cost effective high performance devices - modems, routers, smart phones and
tablets - to provide end users with affordable advanced mobile broadband
services.'

'We expect to launch a next-generation LTE network that will offer more


capacity than any other 4G network in the United States,' said John Stanton,
Executive Chairman of Clearwire. 'By working with China Mobile, we fully expect
to benefit from a device ecosystem aimed to support billions of potential users
worldwide. This unmatched scale should reduce costs and increase choices for
our customers in the years ahead.'

Today's announcement further supports Clearwire's recent announcement of its
intent to add LTE technology to its 4G network. By joining forces on TD-LTE
technology, product, deployment and roaming solutions, China Mobile and
Clearwire are well positioned to build a viable and competitive TD-LTE
ecosystem for the highest demand 4G markets around the globe.

About China Mobile

China Mobile Communications Corporation ('China Mobile') was founded on April
20, 2000, with a registered capital of RMB 51.8 billion, and assets of more
than RMB 1000 billion, possessing the largest network and customer base in the
world.

China Mobile (Hong Kong) Group Limited is wholly-owned by China Mobile. China
Mobile (Hong Kong) Group Limited, as of 31 December 2010, holds 74.21% equity
interest in China Mobile Limited ('listed company' for short). The listed
company has wholly owned subsidiary companies in 31 provinces (autonomous
regions and municipalities) as well as Hong Kong SAR. China Mobile Limited was
listed on the New York Stock Exchange and The Stock Exchange of Hong Kong.
Currently, China Mobile Limited is the world's largest telecommunications
company by market value.

China Mobile has been selected in the world's top 500 by the U.S. 'Fortune'
magazine for 11 consecutive years, and the latest ranking is 87th. With its
brand value rising, it has been named as one of the world's most powerful
brands by the 'Financial Times' for four consecutive years. In addition, it was
recognized on the Dow Jones Sustainability Index for 4 consecutive years, being
the only company selected in Mainland China. Additional information is
available at http://www.chinamobile.com.

About Clearwire

Clearwire Corporation (Nasdaq:CLWR), through its operating subsidiaries, is a
leading provider of mobile broadband services. Clearwire's 4G network currently
provides coverage in areas of the U.S. where more than 130 million people live.
Clearwire's open all-IP network, combined with significant spectrum holdings,
provides an unprecedented combination of speed and mobility to deliver next
generation broadband access. The company markets its 4G service through its own
brand called CLEAR(r) as well as through its wholesale relationships with
companies such as Sprint, Comcast, Time Warner Cable, Locus Telecommunications,
Cbeyond, Mitel and Best Buy. Strategic investors include Intel Capital,
Comcast, Sprint, Google, Time Warner Cable, and Bright House Networks.
Clearwire is headquartered in Bellevue, Wash. Additional information is
available at http://www.clearwire.com.

Forward-Looking Statements

Certain statements contained in this press release may be viewed as
'forward-looking statements' within the meaning of Section 27A of the U.S.
Securities Act of 1933, as amended, and Section 21E of the U.S. Securities
Exchange Act of 1934, as amended. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors, which may cause the actual
performance, financial condition or results of operations of China Mobile
Limited or Clearwire Corporation (the 'Company') to be materially different
from any future performance, financial condition or results of operations
implied by such forward-looking statements. Further information regarding these
risks, uncertainties and other factors is included in China Mobile's most
recent Annual Report on Form 20-F and Clearwire Corporation's most recent
Annual Report on Form 10-K, both as filed with the U.S. Securities and Exchange
Commission, and in the companies' other filings with the U.S. Securities and
Exchange Commission.


CHINA MOBILE CONTACTS:
Press Enquiries:
China Mobile Limited
Ms. Rainie Lei
Telephone: 852-31218888
Fax: 852-31218809

CLEARWIRE CONTACTS:
Media Relations:
Susan Johnston, 425-216-7913
susan.johnston@clearwire.com

JLM Partners for Clearwire:
Mike DiGioia or Jeremy Pemble, 206-381-3600
mike@jlmpartners.com or jeremy@jlmpartners.com

Investor Relations:
Alice Ryder, 425-636-5828
alice.ryder@clearwire.com
News Source: NASDAQ OMX



14.09.2011 Dissemination of a Corporate News, transmitted by DGAP -
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The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Clearwire


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Datum: 14.09.2011 - 20:00 Uhr
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