Clearwire is considering skipping a big debt payment that comes due in two weeks, according to Telecompaper. The WiMAX operator had US$698 million in cash and short-term investments on 30 September and the US$237 million debt payment is due 1 December. CEO Erik Prusch told the Wall Street Journal the payment "would be a significant drain of our cash, so we have to evaluate everything in terms of our decision of where we're going". Whether the company makes the debt payment will also have an impact on whether its main shareholder Sprint will provide further financing for company.