Telecommunications Industry News
A month after launching its first 'fourth-generation' smartphone, the Evo 4G, Sprint Nextel has announced the impending release of another 4G device.
The global WiMAX equipment market is suffering a slowdown this year, but is set to resurge in 2010 as carriers begin to act on postponed orders, Infonetics Research predicts in a new report.
American cable giant, Comcast, has announced plans to offer a 4G mobile broadband service, challenging established cell phone carriers like AT&T and Verizon Wireless.
Struggling telecom equipment maker, Nortel Networks, said yesterday that it will abandon a deal to sell Alvarion Ltd.'s WiMAX equipment, and concentrate instead on well-established relationships with cellular carriers.
Mobile WiMAX equipment revenues nearly quadruped in the third quarter of 2008 (compared to the third quarter of 2007), as carriers around the world began to invest significantly in the technology.
As Mobile WiMAX devices begin to hit the market, the bulk of early product shipments will be external USB modems and WiMAX cards built into portable computers, according to a recent In-Stat report.
Santa Clara, California-based semiconductor giant, Intel Corporation, has reported a 90% drop in fourth-quarter profits, due to lower consumer spending on computers, as well as a recent writedown on the value of its Clearwire investment.
Santa Clara, California-based chipmaker, Intel Corp., appears to be hedging its bets on the much-hyped WiMAX technology, announcing at yesterday's Intel Developer Forum that it would integrate High-Speed Packet Access (HSPA) cellular broadband technology with its forthcoming smartphone platform, Moorestown.
FCC Chairman, Kevin Martin, says that he will support Verizon Wireless's proposed acquisition of smaller rival, Alltel Corp., on the condition that Verizon sells assets in five additional markets (in addition to the 100 already negotiated) in order to preserve market competition.
Despite all the great expectations for WiMAX, a new report by Signals Telecom Consulting predicts that the technology will hold a modest 5% of the Latin American broadband market in 2013.
Clearwire, which is embarking on a much-anticipated wireless broadband partnership with Sprint Nextel, feels no sense of urgency to tap capital markets for additional investment funds, the company's Chief Financial Officer said at a recent investor conference.
Aspiring WiMAX provider, Clearwire Corp., is on track to gain regulatory approval for its wireless broadband partnership with Sprint Nextel, according to Clearwire CFO, John Butler.
Published by TeleClick Enterprises
Edited by Jeremy Maddock