Wednesday, May 7, 2008

Finally, the WiMAX race begins...

Sprint, Comcast, Google, Time Warner and Intel Join Forces in New Broadband Joint Venture

By AMOL SHARMA and VISHESH KUMAR
May 7, 2008 9:18 a.m.

The race to bring consumers ultrafast wireless Internet service is on.

An unlikely alliance of titans from the cable, Internet and chip industries have agreed to invest $3.2 billion in a company that will deliver Web access for cellphones and laptops at speeds much faster than what is available today using a technology called WiMax.

http://online.wsj.com/article/SB121015567027273579.html?mod=hps_us_whats_news