"The next quarter they will report will start to have some of the economic down turn in it"
refer to clearwire:
Clearwire looks to white space for savings New network approved, needs paying for By Bill Ray Posted in Wireless, 14th November 2008 18:26 GMT
"But even that infusion of cash isn't going to be enough to build the 140 million points of presence New Clearwire is expected to need for national coverage. That's going to set the company back another $2.5bn at least - possibly a lot more, which explains the sudden interest in white space spectrum." ......
...to explain this further....understand that money has to be spent:
Clearwire Adds Just 8k Subs In Q3 As they prepare to become new-ultra-mega-super-clearwire... 12:27PM Monday Nov 10 2008 by Karl Bode
With Clearwire on the cusp of fusing with Sprint XOHM to become the "New Clearwire," the old Clearwire has ramped down their marketing efforts for their pre-WiMax service, which around these parts has seen consistently mediocre reviews. The results are showing in their latest earnings report, which indicate the mobile broadband company added just 8,000 subscribers in the third quarter, and added just 121,000 broadband customers in the last year....
... That's all somewhat irrelevant, given that soon Cleawire will be combined with Sprint's XOHM, the new company getting infused with more than $3.2 billion from Intel, Google and Comcast. They'll then begin focusing on deploying mobile WiMax (802.16e) as an entirely new operation http://www.dslreports.com/shownews/Clearwire-Adds-Just-8k-Subs-In-Q3-98987?nocomment=1