MOTOROLA AND INTEL TO INVEST IN CLEARWIRE
[SOURCE: New York Times, AUTHOR: Laurie Flynn & John Markoff]
The investment units of Intel and Motorola said Wednesday that together they
would invest $900 million in Clearwire, a wireless Internet service
provider, in hopes of speeding development of its high-speed wide-range
network. Intel Capital said it would make a $600 million cash investment in
Clearwire, which was founded nearly three years ago by Craig O. McCaw, a
pioneer in the cellular telephone industry.
Motorola Ventures would not say how much of its $300 million investment
would be in cash. In a related transaction, Motorola said it would buy
Clearwire's NextNet Wireless subsidiary for an undisclosed amount. Analysts
said Intel and Motorola wanted to give a lift to WiMax, a standard for
mobile wireless that is used by Clearwire and is competing with technology
from Qualcomm. WiMax is much like the popular WiFi networking standard but
works over much greater distances, carrying both Internet data and mobile
phone calls. A single WiMax base station could connect hundreds or
potentially thousands of customers to the Internet over distances of many
miles.
Also see: Intel puts money on wireless networks - $600 MILLION INVESTMENT IN
COMPANY BUILDING WIMAX
http://www.mercurynews.com/mld/mercurynews/business/technology/14976053.htm
Frank Muto
Co-founder - Washington Bureau for ISP Advocacy - WBIA
Telecom Summit Ad Hoc Committee
http://gigabytemarch.blog.com/ www.wbia.us
----- Original Message -----
From: "D. Ryan Spott" <[EMAIL PROTECTED]>
I have a tower in rural Western Washington.
Today I went in to find 5 of thier radios still in the box, 1 Orthogon
systems PTP ethernet bridge, an APS rack etc....
So... does anyone else out there compete with Mr McCaw? How does his
service stack up?
I don't mean to be a "the sky is falling" or conspiracy theory kind of
guy but not only is Clearwire suddenly up in this area, but I think
Clearwire may be the party that is applying for all of the RUS loans in
our rural areas.
And on the RUS loans deal, does anyone know who to complain to if I don't
feel there was adequate legal notice to the RUS loan being applied for in
my area?
ryan
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