May 9, 2008
Google and Friends Invest in WiMax Network
Posted by 
Ntas in Google |
Google together with Comcast, Intel Capital, Time Warner Cable, Bright House Networks and Trilogy Equity Partners have combined to invest $3.2 billion in a new wireless broadband company. The new company which is named Clearwire (same as existing company) formed after the combination of Clearwire’s existing consumer WiMAX business with Sprint’s broadband infrastructure and 2.5 GHz spectrum to create a new nationwide wireless broadband network. Apart from developing the 4G mobile network, WiMax, Clearwire aims to create an open Internet protocol, open network practices and policies that will work with mobile broadband devices and platforms.
No comments yet.