Subject: Sprint seen choosing WiMax technology -WSJ
NEW YORK, Aug 8 (Reuters) - Sprint Nextel Corp. (S.N: Quote, Profile,
Research) is expected to announce it is choosing the WiMax technology to
build a new wireless Internet network in coming years, the Wall Street
Journal reported on Tuesday, citing people familiar with the matter.
Sprint's decision, which could be announced on Tuesday, would be a big
win for backers of the new technology, such as Intel Corp. and Motorola
Inc., and a setback for wireless company Qualcomm Inc. , which backs a
rival technology, the article said.
WiMax can spread a wireless Internet signal over several miles and is a
longer-range version of the popular Wi-Fi Internet technology, the paper
said.
Building a nationwide WiMax network could cost Sprint between $1 billion
and $4 billion, the report said, quoting analysts.
No one was not immediately available at Sprint to comment on the report.
http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20060808:MTFH93669_2006-08-08_04-44-19_N08418925&type=comktNews&rpc=44
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