Sprint’s WiMax Revisted With Friends

WiMax is one of those promising technologies that has seen great hype and quite a few speed bumps on its way to becoming real. It looks like today a major push will be announced to try and pull it over those speed bumps. Sprint and Clearwire have been on and then off again with their plans, but apparently are back on. For this reconciliation they’ve got some investment from a few friends. Google, Comcast, Time Warner, and Intel (who has many reasons to see this work) have all joined up to offer a $3.2 billion investment to form a new company to move a national WiMax network forward.

Note that two of the players are both big players in the cable TV business.


Via The Wall St. Journal


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