Months after commencing tests of long term evolution (LTE) technology that has emerged as the preferred fourth-generation (4G) standard among wireless carriers both in the U.S. and internationally, Clearwire has confirmed its intention to deploy commercial LTE facilities that will work alongside the company’s current 4G WiMax network. Clearwire, the sole operator of WiMax network facilities in the U.S., competes against the LTE networks of Verizon Wireless and AT&T and is slated to compete against LightSquared, a third LTE entrant that has yet to commence service. During a conference call with analysts, Clearwire Interim CEO John Stanton noted that LTE tests conducted by his company achieved data speeds of 120 megabits per second, which is ten times greater than the fastest networks currently in operation. Hinting at the potential for interoperability, Clearwire Chief Technology  Officer John Saw explained that the 2.5 GHz band in which Clearwire operates “is widely allocated worldwide for 4G deployments, enabling a potentially robust, cost-effective, and global ecosystem that could serve billions of devices.” Stanton also told analysts that his company was considering “all avenues” for funding that include the potential sale of an equity stake or other assets, as the addition of “LTE Advanced-Ready” technology to the Clearwire network is expected to cost upwards of $600 million. Stanton emphasized, however, that Clearwire expects to achieve significant capital savings through its plan to piggyback new LTE equipment on the company’s existing WiMax infrastructure. Declaring, “our leadership in launching 4G services forced a major change in the competitive mobile data landscape,” Stanton said, “now we plan to bring our considerable spectrum portfolio to bear to deliver an LTE network capable of meeting the future demands of the market.”