Will anyone listen to new controller?
What won what where
Clearwire, billionaire Craig McCaw's latest venture, just selected the L.A. office of DDB to handle its advertising, according to Ad Age. It's a $25 million account, which in local ad circles in pretty substantial. Launched in 2003, Clearwire has raised around $1 billion from big-time invstors that include Intel and Motorola. It's a wireless broadband Internet Service Provider with 162,000 customers worldwide and service in 35 markets. An upcoming IPO is expected to raise $400 million. McCaw, of course, made his money on cell phones and cable TV - and who gave Santa Barbara his ex-wife, Wendy.