Recessions hurt. We’ve previously noted that decision-makers at many of the technology industry’s leading corporations seem to have a lot of faith in WiMAX, specifically in Clearwire’s United States venture. The catch is that the market does not share their optimism. Intel’s losses after acquiring Clearwire now total $1.1 billion to $1.2 billion – significantly more than [...]

In spite of the failed partnership with Clearwire and their current financial strain, Sprint expects to launch Xohm as planned. We could be experiencing a wireless broadband network from Sprint in several major cities, such as Chicago and Washington DC, as early as spring of this year. According to the LA Times, Sprint’s Chief Executive [...]