Sprint – the third largest wireless carrier in US – is to combine it’s Xohm business unit with Clearwire, the wireless broadband ISP, Intel.com writes. The newborn company will retain the Clearwire brand and provide mobile broadband services. It is to build a nationwide mobile network in the US, based on the WiMAX standard – something both companies were trying to do separately without much luck.
There actually was talk about Sprint’s Xohm and Clearwire joining efforts in building a WiMAX network months ago, but only now we have some concrete news. The ones backing this deal are all big names like Intel, Google, Comcast, Time Warner Cable, and Bright House Networks which will invest a total of $3.2 billion in the “new” Clearwire.
This means that Xohm is no more (that name sounded weird, anyway) and Clearwire is saved from a pinch (since they have had negative net income for a while now).
What’s more, Intel Centrino 2 technology will apparently have WiMAX chips integrated and Google will provide internet services for WiMAX handsets. No doubt all companies will want to protect their investment in this new business, so super-fast mobile internet is probably coming your way soon!
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