In a bid to remain cutting edge and on par with the world’s most industrialized cities, Nigerian officials have tapped Indian broadband and internet services provider Spectranet to implement their own 4G network. The commercial service was rolled out over the weekend and aims to provide small and medium businesses, corporations, and individuals with reliable and cost-effective broadband service.
Sprint Nextel Co. announced Friday that it will cease selling devices compatible with Clearwire’s network at the end of next year. Clearwire is a wholesale provider of WiMAX 4G wireless service and is majority owned by Sprint, who is also currently their biggest customer. This revelation came on the heels of Sprint’s decision to move into LTE territory, WiMAX”s biggest 4G competitor.
Dish Network has expressed an interest to either partner with a wireless carrier like Sprint or Clearwire or buying them outright.
The internet is now abuzz with the rumor that there will be a WiMax iPad available to Sprint customers
AT&T has made the dubious claim that a merger would actually serve to increase competition in the global mobile market
Sprint will acquire the rights to the iPhone 5 in October, further angering AT&T.
Due to recent budgeting woes at Clearwire, the company that operates WiMAX 4G network, investors have expressed concern over the impact on their shares if they default on their debt. In response, Clearwire’s parent company, Sprint Nextel, has relinquished its majority vote in the company.
Clearwire, the company that operates the WiMAX 4G network, has decided to expand its coverage in Philadelphia and Pittsburgh, the two largest cities in Pennsylvania
Pardus Capital Management has implored Clearwire to reconsider their spectrum sales strategy in an attempt to improve negotiations with Sprint Nextel.
Clearwire is fresh off a new $1 billion investment from Sprint, their primary shareholder. So why is Clear going to run out of cash sometime in the next year?