Clearwire this afternoon released third quarter financial results, an announcement that comes on the same day that it disclosed a whopping $1.5 billion investment from the likes of Sprint Nextel, Comcast, Intel and others.

And like other quarterly financial reports for the Kirkland provider of broadband wireless, things pretty much remained the same. Revenues and losses are increasing as the company builds out its 4G WiMax network throughout the country.

Specifically, the company reported revenue of $68.8 million, a 13 percent increase over the same period last year. Meanwhile, the company's net loss increased to $291 million, up from $219 million during the third quarter last year.

Clearwire also reaffirmed that it plans to offer WiMax service in Seattle, Honolulu and Maui by the end of the year, adding to to the 24 markets where it already offers the 4G service.

Going forward, Clearwire said that total cash spend for 2009 will be about $1.9 billion. That's at the top end of the range it laid out earlier this year. The company finished the quarter with $2 billion in cash and cash equivalents, though that number does not include the cash infusion announced today.

In a conference call, CEO William Morrow repeatedly noted that Clearwire will not have to compete directly with the big telecommunications incumbents that are planning their own broadband wireless plans. And he stressed that the company -- with its recent financial results, funding and executive team additions -- is on the right course.

"We continue to believe that we are at the right place at the right time," he said.

Clearwire finished the quarter with 550,000 subscribers, up from 469,000 for the same period last year. Customer churn rose to 3.1 percent as the company prepared pre-WiMax networks for an upgrade to the new WiMax services.

Clearwire has said that it needed $2 billion to $2.3 billion to build out its network and reach 120 million points of presence or POPs, with Morrow saying that the company may seek additional funding next year in order to "close the gap." The total equity and debt funding in today's announcement comes in at roughly $1.8 billion.

In the analysts' call today, Morrow also addressed questions about why Google did not invest in the most recent round of funding.

"I wouldn't read anything negative into that whatsoever," he said. Google has invested $500 million into Clearwire, one of the largest investments that the search giant has made in an outside company. "Google believes in us, and they are supporting us," said Morrow.