Clearwire, a provider of wireless broadband services and operator of 4G network, said that it will enter into a formation of a strategic wholesale relationship with Best Buy Connect, a subsidiary of Best Buy.
Best Buy will use Clearwire’s 4G network to offer mobile Internet service for customers. It provides consumers the convenience of one-stop shopping for devices, service activation, billing and customer support under the Best Buy Connect service, the company said.
Jed Stillman, vice president of Best Buy Connect, said: "Our strategic wholesale agreement with Clearwire will enable Best Buy Connect to leverage the Clearwire 4G network’s speed and bandwidth to deliver compelling new mobile broadband experiences for our customers.
"This agreement paves the way to providing one-stop shopping and support for mobile broadband as more people become more connected across all kinds of devices. We believe consumers will appreciate the added advantage of relying on Best Buy Connect for both 3G and 4G mobile broadband services beginning next year."
Teresa Elder, president of strategic partnerships and wholesale at Clearwire, said: "Best Buy is at the forefront of providing consumers with the best in consumer electronics products and services, and we are very proud to provide the mobile broadband network that will enable them to offer their own branded 4G service to their broad customer base.
"This new agreement is particularly strategic for our ‘network of networks’ business model. Not only is this one of the first major wholesale agreements beyond our group of strategic investors, but it also demonstrates the interest in our network from companies outside of traditional service providers. We look forward to supporting Best Buy in the months and years ahead."
