Comcast, TW Cable Invest in WiMax

May 7, 2008  •  Post A Comment

Comcast, Time Warner Cable and Google are among companies that will invest in a broadband wireless service company valued at more than $12 billion, the Wall Street Journal reports, citing analysts it didn’t identify. Sprint and Intel will also invest in the company, which will use a technology called WiMax to offer Web-access speeds faster than high-speed Internet services now provide, the newspaper says.
— Danny King

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