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07 May, 2008 02:12 PM EST Telecom, Cable and Internet Players Hedge Bets With WiMAX
Posted By: Tole Hart, Research Director
A number of industry players - Sprint Nextel, Clearwire, Comcast, Time Warner, Bright House Networks, Google, Intel and Trilogy Equity Partners - have formed a $12 billion technology consortium to build out a WiMAX network with the spectrum that Sprint and Clearwire own. It is not clear what each player will get, but it is clear that all the partners are hedging their bets against the wireless future: |
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