Putting WiMax on the Fast Track

Clearwire はCraig O. McCaw の会社。

In a seismic shift that may alter the U.S. wireless landscape, a coalition of tech giants will announce on May 7 that they will join forces with Sprint Nextel (S) and Clearwire (CLWR) to create a $12 billion ultra-fast mobile network.

Google (GOOG), Intel (INTC), and the nation's biggest cable providers together will invest more than $3 billion in a technology called WiMAX that aims to deliver high-speed Web connections more cheaply and efficiently those now offered by the top two cellular carriers, AT&T (T) and Verizon Wireless.