TITLE

Tech Consortium Bids $14.5B on WiMAX

AUTHOR(S)
Medford, Cassimir
PUB. DATE
May 2008
SOURCE
Red Herring;5/7/2008, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article announces that Sprint Nextel and Clearwire has formed a new wireless carrier that will be co-owned by a consortium of technology industry leaders. These firms include Goole, Intel, Comcast, Time Warner Cable and Bright House Networks. The new carrier will be responsible for a nationwide wireless broadband network based on Worldwide Interoperability for Microwave Access (WiMAX) technology. $14.5 billion is the startup value of Clearwire, the name of the new carrier. Spring has a 51 percent stake on the new Clearwire.
ACCESSION #
36834918

 

Related Articles

  • Sprint Nextel set to roll out WiMAX. Winter, Allie // RCR Wireless News;9/8/2008, Vol. 27 Issue 27, p6 

    The article focuses on the partnership of Sprint Nextel Corp. and Clearwire Corp. to launch its mobile WIMAX networks on the fledgling technology in the U.S. Sprint Nextel and Clearwire boasted WIMAX's time-to-market advantage over their rival LTE technology. In addition, both companies will...

  • Skeptics be damned. WiMAX supporters shoot for the stars. Ford, Tracy // RCR Wireless News;1/22/2007, Vol. 26 Issue 3, p12 

    This article reports on the dominance of the Worldwide Interface for Microwave Access (WiMAX) issue at the Wireless Communications Alliance International's 13th annual symposium held in San Jose, California in January 2007. The U.S., with Sprint Nextel and Craig McCaw's Clearwire Corp. both...

  • 2nd time's a charm? Meyer, Dan // RCR Wireless News;5/12/2008, Vol. 27 Issue 14, p1 

    The article focuses on the decision of Sprint Nextel Corp. and Clearwire Corp. to merge their WiMAX businesses under the Clearwire brand. Details of the deal called for Sprint Nextel to meld its Xohm business into a new Clearwire, which will be the brand of the service. In addition to bringing...

  • Sprint Taps Investors To Launch Mobile WiMAX. Palenchar, Joseph // TWICE: This Week in Consumer Electronics;5/19/2008, Vol. 23 Issue 11, p134 

    The article reports on the decision of wireless-broadband provider Clearwire and wireless carrier Sprint Nextel to merge their WiMAX businesses to create a company whose investors will include Intel, Google, Time Warner Cable, Comcast and Bright House Networks. The investors are expected to...

  • Samsung snares Big Apple WiMAX contract.  // RCR Wireless News;9/3/2007, Vol. 26 Issue 33, p15 

    The article reports that Sprint Nextel Corp. has awarded the build-out contract of its WiMAX market to Samsung Electronics Co. Ltd. The coverage area will include parts of New Jersey as well, according to Sprint Nextel spokesman John Polivka. New York is scheduled to have Sprint Nextel's Xohm...

  • Intel Winds Up a WiMax Pitch for 2008. Spangler, Todd // Multichannel News;8/6/2007, Vol. 28 Issue 31, p28 

    The article reports that as U.S.-based Spring Nextel Corp. and Clearwire Corp. build out their mobile-broadbrand WiMax networks, Intel Corp. is pushing to create the ecosystem of devices that will connect them. To drive demand, Intel is planning to launch an "Intel Inside"-style marketing...

  • InBrief.  // Network World;12/8/2008, Vol. 25 Issue 47, p12 

    The article reports that Sprint Nextel Corp. and Clearwire Corp. are creating a new company to build a nationwide WiMAX network. The new company will retain the Clearwire name and will together the radio spectrum holdings and WiMAX operations of both the companies. The joint venture aims to...

  • The WiMAX roller coaster ride. Wieland, Ken // Telecommunications;Jan/Feb 2008, Vol. 42 Issue 1, p32 

    The article discusses developments concerning the WiMax network standard in the U.S. According to the author, questions on the growth potential of the technology arose after the split of the Sprint Nextel-Clearwire partnership to roll out a mobile WiMax network in the U.S. Major providers are...

  • Sprint should consult itself on Wimax. Sapien, Mike // Wireless Asia;Jan/Feb2009, Vol. 12 Issue 1, p34 

    The article discusses the implications of the plan of Sprint Nextel Corp. to develop Worldwide Inter-operability for Microwave Access (Wimax) application consultation through merger with Clearwire Corp. in the U.S. Accordingly, the initiative would help the firm gain market advantage, however,...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics