ICO and Clearwire to Conduct Mobile Video Trial
Initiative Will Focus on Feasibility of Delivering Mobile Video From Satellite as Part of Mobile Triple Play
RESTON, Va. & KIRKLAND, Wash.--(BUSINESS WIRE)--ICO Global Communications (Holdings) Limited (NASDAQ:ICOG) and Clearwire Corporation (NASDAQ:CLWR) today announced a joint agreement to collaborate on one of the industry’s first mobile video trials. The collaborative effort is at the forefront of the intersection between two-way wireless broadband and satellite connectivity, and will focus on increasing the value and cost effectiveness of delivering an advanced interactive mobile video service to consumers. In addition to testing mobile video broadcast, the trial will also examine the feasibility of utilizing Clearwire’s 2.5 GHz spectrum and ICO’s 2.0 GHz spectrum more efficiently. The ICO trial with Clearwire is expected to begin in early 2008 in Raleigh, North Carolina, and ICO is also planning a similar trial in Las Vegas, Nevada.
“Mobile two-way video, advanced interactive navigation, plus emergency calling and messaging becomes an even more compelling value proposition when integrated with a wireless broadband network such as Clearwire’s”
“Our next generation wireless personal broadband networks are built to deliver data, voice and video over a single network,” said Scott Richardson, chief strategy officer for Clearwire. “Working with ICO to trial an interactive mobile video element that can potentially enhance our service offering not only in areas where we don’t intend to build our own network, but that can also potentially enhance the use of infrastructure and spectrum where our coverage overlaps, makes a lot of sense.”
“Mobile two-way video, advanced interactive navigation, plus emergency calling and messaging becomes an even more compelling value proposition when integrated with a wireless broadband network such as Clearwire’s,” added Tim Bryan, chief executive officer for ICO. “We are well positioned to be the first provider of next-generation mobile satellite services, and we have a clearly differentiated offering by leveraging integrated satellite and terrestrial networks to deliver advanced consumer mobility services.”
For the trial, ICO will integrate its Mobile Interactive Media (MIM) suite of services with the Clearwire broadband network. ICO MIM is a converged mobile media service which delivers a wide variety of consumer entertainment and communications services, all based on ICO’s next-generation satellite and terrestrial wireless communication capabilities. For the trial, ICO MIM will provide multiple channels of high-quality mobile video to large-screen user devices. Alcatel-Lucent has been chosen to supply the system architecture and design based on mobile multimedia DVB-SH open standard, and Hughes Network Systems has been tapped to provide the device as well as the interactive elements based upon the proven GMR standard.
Clearwire, founded in October 2003 by telecom pioneer Craig O. McCaw, is a provider of simple, fast, portable and reliable wireless high-speed Internet service. Clearwire customers connect to the Internet using licensed spectrum, thus eliminating the confines of traditional cable or phone lines. Headquartered in Kirkland, Wash., the company launched its first market in August 2004 and now offers service in 16 states across the U.S. as well as in Europe and Mexico. For more information, visit www.clearwire.com.
ICO Global Communications (Holdings) Limited is a next-generation satellite communications company based in Reston, Virginia. ICO is developing an advanced hybrid system, combining both satellite and terrestrial communications capabilities, in order to offer wireless voice, data, video, and Internet services on mobile and portable devices. For more information, visit www.ico.com.
Safe Harbor Statement
This press release contains forward-looking statements, including statements regarding the timing, location and content of ICO’s alpha trial and ICO’s MIM offering, and Clearwire’s participation in the trial. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the companies’ expected results. More information about risks is contained in ICO's most recent Annual Report on Form 10-K and its other filings with the U.S. Securities and Exchange Commission, and in Clearwire’s most recent Quarterly Report on Form 10-Q filed on August 9, 2007, under the heading “Risk Factors,” and its other filings with the U.S. Securities and Exchange Commission. The forward-looking statements in this press release speak as of the date hereof, and ICO and Clearwire undertake no obligation to revise or update any forward-looking statements for any reason.