Is WiMAX Provider Towerstream in Play?
Like other folks who watch the WiMAX industry we have wondered in the past if Clearwire or another big provider ever had an interest in buying out fixed-WiMAX provider Towerstream (NasdaqCM: TWER), who has done a pretty good job the past two years selling WiMAX into businesses, as a T-1 replacement or backup service.
Today, Towerstream’s long-under-a-buck stock jumped almost 50 cents a share — not Google numbers, but a 40 percent run nonetheless. Could TWER be in play? We’ll keep watching and let you know.
