Bill Morrow Gets Back in the Game
Clearwire has announced that William Morrow will replace Benjamin Wolff as chief executive. Mr. Morrow served in various telecom roles including Vodafone K.K. as President of the company when it exited the Japanese market [video here]. Clearwire is backed by a swath of media, tech and telecom companies, including Sprint Nextel, Time Warner, Google and Comcast, with the goal of constructing a cutting-edge wireless network.
Via the NYT DealBook:
Mr. Wolff will become co-chairman with Mr. Morrow of wireless Internet services provider The company said that Mr. Wolff, who in the past has instrumental in lining up financing, will now be focusing on Clearwire’s strategic and financing opportunities. “We’ve got a significant amount of capital but the company will continue to look for opportunities to expand its capital base to continue to grow the business,” Reuetrs cited John Stanton, a director on Clearwire’s board, as saying during a conference call following the announcement.
Good luck gentlemen, despite the current economic times, it would seem the US market is warming up!