Tuesday, November 24, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Black Friday Deals on Microsoft device
AMD Ends Driver Support For Radeon HD 5000 and 6000 series
New AMD Radeon Software Crimson Edition Available For Download
ASUS RoG Announces Maximus VIII Hero Alpha
Apple To Brings Apple Pay To China
Xiaomi Launches New Redmi Note 3 Smartphone And Mi Pad 2 Tablet
Dell Says Security Hole Identified In Some Laptops
Sony PlayStation 4 Now Available For $299
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Mobiles > Sprint,...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, May 08, 2008
Sprint, Cable Companies Form WiMax venture

Sprint Nextel is teaming up with top U.S. cable companies to introduce advanced wireless services and get a head start on AT&T and Verizon.

Sprint and Clearwire introduced a $14.5 billion venture with Comcast, Time Warner Cable, Intel, Google and Bright House Networks to build a high-speed wireless Internet network based on the emerging WiMax technology.

WiMax promises to blanket entire cities with Web access for laptops, cell phones and other wireless devices at fast speeds. It aims to have a service area covering as many as 140 million people in the United States by the end of 2010.

Sprint will own about 51 percent of the new company, while shareholders of Clearwire will own about 27 percent.

Comcast, Time Warner Cable, Intel, Google and cable operator Bright House will get a combined 22 percent, and are expected to kick in $3.2 billion to help finance the venture.

"The new Clearwire service area will cover as much as 120 million to 140 million people in the U.S. by the end of 2010 with the opportunity ultimately to reach more than 200 million people beyond 2010," said Clearwire CEO Benjamin Wolff.

AT&T Inc and Verizon Communications, the top two U.S. phone companies, have been offering consumers packages of television, Internet, phone and wireless services to compete against cable, as well as Sprint, which is the third-largest U.S. mobile service provider.

The WiMax venture would give cable a leg up in terms of next-generation wireless services, with speeds up to five times faster than traditional networks. Wi-Fi, by contrast, is a short range service covering small areas like coffee shops.

But WiMax is a largely unproven technology, which was why Sprint investors were critical of its earlier plan to spend $5 billion by 2010 on WiMax. An earlier WiMax partnership between Sprint and Clearwire had also fallen apart because it was too complicated.

Microsoft Sends Out Feelers to Facebook        All News        Microsoft Adds TV Shows to Zune Players
Palm Zeppelin and Skywriter enter launch process     Mobiles News      HTC Touch Diamond official

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung Shows Off 330Mbps Mobile WiMAX in Japan
Intel, Korea Telecom Expand WiMAX
Industry Leaders Back Mobile WiMAX Enhancements
MSI to Showcase WiMAX Laptops at Computex 2010
WiMAX Forum To Release WiMAX 2 Next Year
Sprint Unveils HTC WiMax Phone EVO 4G
MediaTek Introduced MT7110 Series WiMAX SoC
Intel Pushes WiMAX Technology in Japan
Intel, Others, Form Open Patent Alliance to Advance WiMAX 4G Technology
WiMAX Forum Begins Certification Testing for Mobile Products
NEC to Deliver First Mobile WiMAX
Sprint Preparing Launch for WiMax Service

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .