Source: Clearwire SEC 8-K Filing

In a filing with the SEC, Clearwire (Nasdaq:CLWR) announced that Craig McCaw, the chairman of the board of directors, informed the company of his decision to resign from his position on the company’s board, effective December 31, 2010. Mr. McCaw was originally nominated to his position by Eagle River Holdings, LLC (“Eagle River”) pursuant to the Equityholders’ Agreement dated November 28, 2008 by and among the Company, Sprint Nextel Corporation (NYSE:S), Intel Corporation (Nasdaq:INTC), Google (Nasdaq:GOOG), Comcast Corporation (Nasdaq:CMCSA), Time Warner Cable (NYSE:TWC), Bright House Networks, and Eagle River (the “Equityholders’ Agreement”). Mr. McCaw served as chairman of the Board for over 2 years, and served as the chairman of the company’s predecessor entity for more than 5 years. Mr. McCaw’s decision to resign is not due to any disagreements with the company on any matters relating to the company’s operations, policies, or practices. Eagle River retains the right under the Equityholders’ Agreement to nominate one additional director to replace Mr. McCaw, and it has indicated to the company that it intends to nominate Benjamin G. Wolff.