Main» Internet» Broadbandreports»

Sprint, Clearwire Renew Talks - Seek WiMax funding from Google, Intel & Best Buy

30.11.1999 / Broadbandreports


Last November Sprint scrapped a deal with Clearwire that would have seen the two companies splitting the build cost of a nationwide WiMax broadband network 65/35, while allowing users to easily roam between the two networks. According to Sprint at the time, the two companies couldn't agree to terms -- though rumors started to surface shortly thereafter that the two companies would resume talks in 2008. Those rumors were apparently true, according to the Wall Street Journal (see non-registration Reuters report as well). The renewed talks aim to bring in outside funding from the likes of Intel, Google and Best Buy. This comes on the heels of a report last week that stated Sprint could not effectively compete in the WiMax market without additional funding. As expected, the plan would probably involve spinning off Xohm from Sprint -- but it could also involve merging that spun-off company with Clearwire. If Google actually bids to win in the ongoing 700Mhz spectrum auction, it could potentially hand over the building of any new networks to the new, well-funded partnership.]]>


Read Full News >>
Similiar Broadbandreports News:

Affiliates:

SkinBase
Photo Village
Apple Stuff
iNet World
DVD Stuff
Amiga News
Xbox Station
CelebStation
myWallpapers
Movie Base