31:
309:, a then-floundering wireless carrier. By April 1995 McCaw gained effective control of the company contributing, along with his brothers, $ 1.1 billion over time. Within four years Nextel grew significantly to become a challenging wireless competitor, servicing 3.6 million customers throughout the U.S. and ten of the largest international markets. In 1999 McCaw formed Nextel Partners, Inc. which was later acquired by
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held a lottery for cellular licenses in the early 1980s, many ordinary
Americans became wealthy by winning the right to establish cellular systems in cities across America. In addition to entering the lottery himself, McCaw approached many other lottery winners and bought their cellular rights, which
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as CLWR. As part of the announcement, then
Clearwire Chairman Craig McCaw said, "The power of the mobile Internet, which offers speed and mobility, home and away, on any device or screen, will fundamentally transform the communications landscape in our country. We believe that the new Clearwire will
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fraternity (DKE), and in his senior year, he took the helm of the cable company and set out to rebuild his family name. He used the cash flows from his growing cable company to purchase other remote cable companies, resulting in a profitable conglomerate. By the 1980s, McCaw
Cablevision was the 20th
660:
381:
In
November 2008, Clearwire completed a landmark transaction with Sprint combining their next-generation wireless broadband businesses into a new wireless communications company, which retained the name Clearwire. With the closing, Sprint contributed all of its 2.5 GHz spectrum and its
670:
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In August 2004, McCaw founded
Clearwire Corporation, a provider of wireless broadband Internet service. The company's U.S. broadband network is deployed in markets ranging from major metropolitan areas to small, rural communities.
544:
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McCaw, who served as
Chairman of Clearwire until December 31, 2010, once said to an interviewer, "Filling a need that others aren't addressing has always been a focus of the companies that I have been involved with."
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When Elroy McCaw died in 1969 at age 57, the only company not sold to repay the debt was the small cable company in
Centralia, Washington, with an estimated 2,000 to 4,000 subscribers, that was in trust. While at
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were already considered to be undervalued. Using the same tactic he'd used in cable TV, McCaw financed an aggressive cellular expansion by borrowing against and selling shares in the cable operation.
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operate one of the fastest and most capable broadband wireless networks ever conceived, giving us the opportunity to return the U.S. to a leadership position in the global wireless industry."
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367:, a refloating after bankruptcy of ICO Global Communications, a mobile-satellite service (MSS) constellation company. The company did not complete its planned satellite constellation.
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on the station. McCaw's father was in the business of buying and selling TV and radio stations, which brought in wealth but also incurred significant debts. Elroy entered the
1213:
218:, where he was later given a Lakeside Distinguished Alumni Award. McCaw's father was a broadcasting magnate and owner of Gotham Broadcasting Corporation. Gotham owned the
540:
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MCCAW CELLULAR COMMUNICATIONS, INC. - Company
Profile, Information, Business Description, History, Background Information on MCCAW CELLULAR COMMUNICATIONS, INC.
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McCaw is a significant car collector, and once amassed a collection of 400 cars with his brother, Bruce. In 2012 McCaw paid $ 35 million for a 1962
501:, an investment banker and former United States Ambassador to Austria. They have three children together, Chase McCaw, Julia McCaw, and Reid McCaw.
535:, which supports a variety of educational, environmental, and international economic development projects. McCaw has also served on the boards of
747:"The Man Who Would Save Satellites Billionaire Craig McCaw still dreams of an Internet in the sky. But he's running out of time. - July 8, 2002"
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WiMAX-related assets, including its XOHM business, to
Clearwire. In addition, Clearwire received a $ 3.2 billion cash investment from
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speeds. By the end of 2010, the company had expanded its 4G network to 71 markets in the U.S. covering more than 110 million people.
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Clearwire press release "Clearwire
Stockholders Approve Transaction to Combine Clearwire and Sprint's 4G Mobile WiMAX Business"
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214:. As a child, the family lived in the posh gated Highlands community north of Seattle, and McCaw attended Seattle's private
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279:). The combined cellular operation was a significant player in the field. In 1990, McCaw was the highest paid
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McCaw is a major Republican donor, and has been described as a 'bundler' for the 2012 presidential candidate
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At the end of 2007, Clearwire offered service in 46 markets in the U.S. as well as four markets in Europe.
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Hof, Robert D., 'Step One for Craig McCaw's National Cellular Network,' Business Week, October 22, 1990.
536:
275:'s cellular wing in 1986, the McCaw brothers sold the cable company to Cooke Cablevision (now part of
473:) from 1993 to 2002, with an original $ 2 million donation. The foundation was formed to release the
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1089:"Elizabeth Holmes, Bill Ackman & More: The 26 People Who Got Dropped from the Forbes 400"
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352:, with an ambitious plan to form a broadband satellite communications system with nearly 300
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Clearwire press release "CLEAR 4G Mobile Internet from Clearwire Lights Up San Francisco"
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Fabrikant, Geraldine, 'Craig McCaw's High-Risk Phone Bet,' New York Times, May 6, 1990.
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business in the 1960s, and his four sons worked as linemen and door-to-door salesmen.
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satellites. In 2002, Teledesic halted satellite production; and in 2003, it sold its
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182:(born August 11, 1949) is an American businessman and entrepreneur, a pioneer in the
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Fisher, Lawrence M., 'McCaw Risks Debt for Dominance,' New York Times, July 6, 1989.
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McCaw was a founding donor and underwriter of the Free Willy Foundation (along with
313:, for $ 6.5 billion in 2006, following a $ 36 billion merger between Nextel and the
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Keller, John J., 'Craig McCaw Goes Establishment,' Business Week, February 6, 1989.
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Later that same year, McCaw founded NEXTLINK Communications, planning to enter the
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Corr, O. Casey (2000). Money from Thin Air. New York: Crown Business. pp. 235-248.
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market. In 2000, the company merged with Concentric Network and was renamed
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Business | Mccaw Buys Kenny G's Hunts Point House | Seattle Times Newspaper
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Corr, O. Casey (2000). Money from Thin Air. New York: Crown Business.
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900:"Sugar Daddy: Huntsman's father gave $ 1.9 million to Super PAC"
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Rudnitsky, Howard, 'Great Expectation,' Forbes, April 18, 1988.
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1109:"Golden Plate Awardees of the American Academy of Achievement"
926:"Local big names vote with big bucks Political contributions"
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Following the sale of McCaw Cellular, McCaw took interest in
1158:
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1076:"This 35 Million Ferrari is the Most Expensive Car Ever"
697:"Sprint Nextel Completes Acquisition of Nextel Partners"
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National Security Telecommunications Advisory Committee
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Horatio Alger Association of Distinguished Americans
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American telecommunications industry businesspeople
286:In 1994, the McCaw brothers sold McCaw Cellular to
515:McCaw is currently on the Board of Overseers for
226:, which became one of the first stations to play
1190:
562:, who never raced the car. It was driven at the
599:2007 – Silicon Valley Forum’s Visionary Honoree
210:McCaw is the second of four sons of Marion and
497:. They divorced in 1997. McCaw was married to
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978:"Campaign watch: See who the big givers are"
577:As of 2016, Craig McCaw is no longer on the
290:for $ 11.5 billion. The company was renamed
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661:"Inside the Santa Barbara News-Press Mess"
29:
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425:, making it only the second city after
298:in 2004 to become the nation's largest
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857:: CS1 maint: archived copy as title (
817:: CS1 maint: archived copy as title (
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457:. In 2012, McCaw donated $ 500,000 to
429:to offer a high-speed network at true
1229:21st-century American philanthropists
995:
976:Parkhurst, Emily (7 September 2012).
891:
723:"Sprint, Nextel holders approve deal"
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622:
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952:"Susan McCaw gets nod as Bush envoy"
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596:2000 – Wireless Hall of Fame Honoree
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529:Friends of Nelson Mandela Foundation
1249:People from Hunts Point, Washington
1054:"Robb 50 Connoisseurs: Craig McCaw"
13:
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669:: 104–109, 176–179. Archived from
581:400 List of Wealthiest Americans.
206:Early life and cable TV beginnings
14:
1260:
1239:People from Centralia, Washington
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924:Heim, Kristi (28 February 2008).
590:1989 – Golden Plate Award of the
504:In 1999, McCaw bought a house in
320:
255:largest cable carrier in the US.
234:being one of the earliest famous
1234:Lakeside School (Seattle) alumni
898:Dedman, Bill (31 January 2012).
533:Craig and Susan McCaw Foundation
495:a California newspaper publisher
489:McCaw was previously married to
464:
294:. AT&T Wireless was sold to
147:
118:
1117:American Academy of Achievement
1101:
1081:
1068:
1039:American Academy of Achievement
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781:American Academy of Achievement
592:American Academy of Achievement
186:industry. He is the founder of
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114:
1052:Kallie Hoxter (October 2015).
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785:
763:
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714:
689:
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405:The new company traded on the
1:
950:Cook, John (5 October 2005).
615:
417:launched its first 4G mobile
202:via the Sprint acquisition).
982:Puget Sound Business Journal
659:Smith, R.J. (January 2008).
519:and serves on the boards of
79:Businessman and entrepreneur
7:
603:
363:In 2000, McCaw invested in
259:Cellular telephone industry
10:
1265:
1244:Stanford University alumni
1176:(referenceforbusiness.com)
956:Seattle Post-Intelligencer
721:MarketWatch, John Shinal.
537:Conservation International
531:. He is president of the
87:Wireless service companies
541:Grameen Technology Center
331:internet service provider
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158:
91:
83:
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65:
40:
28:
21:
873:"Mitt Romney's bundlers"
564:1962 24 Hours of Le Mans
480:, star of the 1993 film
337:. The company filed for
1224:American car collectors
506:Hunts Point, Washington
471:Warner Brothers Studios
35:Craig McCaw in May 2008
1219:California Republicans
549:Academy of Achievement
521:The Nature Conservancy
517:the Hoover Institution
1209:American billionaires
1020:Retrieved 2018-12-12.
770:"Bio: Craig O. McCaw"
400:Bright House Networks
196:Clearwire Corporation
58:Centralia, Washington
499:Susan Rasinski McCaw
437:Political activities
341:protection in 2002.
288:AT&T Corporation
146: 1998;
117: 1974;
16:American businessman
1113:www.achievement.org
1074:Preston, Benjamin,
1035:www.achievement.org
1031:"About the Academy"
751:archive.fortune.com
459:American Crossroads
445:. He has supported
344:In 1994, McCaw and
311:Sprint Nextel, Inc.
252:Delta Kappa Epsilon
70:Stanford University
775:2011-10-04 at the
630:"#65 McCaw family"
348:teamed up to form
315:Sprint Corporation
1169:XO Communications
1164:AT&T Mobility
585:Awards and honors
413:In January 2009,
392:Time Warner Cable
335:XO Communications
292:AT&T Wireless
192:AT&T Mobility
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423:Portland, Oregon
271:After acquiring
240:cable television
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556:Ferrari 250 GTO
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354:low Earth orbit
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250:, Craig joined
216:Lakeside School
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150: 2019)
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610:John McCaw Jr.
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572:Masten Gregory
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455:George W. Bush
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222:radio station
212:J. Elroy McCaw
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188:McCaw Cellular
184:cellular phone
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171:John McCaw Jr.
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838:the original
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638:the original
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236:disc jockeys
209:
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103:Wendy Petrak
1199:1949 births
1180:Appearances
727:MarketWatch
666:Los Angeles
491:Wendy McCaw
451:John McCain
443:Mitt Romney
421:network in
283:in the US.
180:Craig McCaw
23:Craig McCaw
1193:Categories
987:2 December
961:2 December
935:2 December
909:2 December
883:2 December
844:2011-01-18
804:2011-01-18
756:2017-12-06
732:2022-06-02
707:2022-06-02
634:Forbes.com
616:References
547:, and the
527:, and the
483:Free Willy
360:licenses.
346:Bill Gates
339:bankruptcy
232:Alan Freed
47:1949-08-11
1159:Clearwire
1006:keiko.com
877:USA Today
431:broadband
427:Baltimore
415:Clearwire
350:Teledesic
327:broadband
317:in 2005.
302:carrier.
263:When the
173:(brother)
167:Relatives
66:Education
904:NBC News
853:cite web
813:cite web
773:Archived
604:See also
358:spectrum
300:wireless
296:Cingular
248:Stanford
200:T-Mobile
159:Children
510:Kenny G
384:Comcast
365:New ICO
277:Comcast
230:, with
152:
140:
136:
123:
111:
107:
92:Spouses
1184:C-SPAN
1094:Forbes
1060:11 May
579:Forbes
543:, the
539:, the
523:, the
453:, and
407:NASDAQ
396:Google
307:Nextel
194:) and
60:, U.S.
644:6 May
508:from
478:Keiko
419:WiMAX
388:Intel
142:(
138:
113:(
109:
1062:2016
989:2013
963:2013
937:2013
911:2013
885:2013
859:link
819:link
646:2022
570:and
475:orca
398:and
329:and
224:WINS
148:div.
119:div.
41:Born
1182:on
566:by
281:CEO
273:MCI
265:FCC
1195::
1115:.
1111:.
1091:.
1037:.
1033:.
997:^
980:.
954:.
928:.
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851:{{
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