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The Sprint Nextel Corp. stated that they will spend nearly $2.5 Billion creating
a new network using the "WiMax" high-speed wireless technology, and that number
could double over the next couple of years. Sprint is the No. 3 wireless
carrier in the U.S. and this technology will allow high-speed access to
everything from cellphones to laptops.
Sprint has already branded the service as "XOHM", and is reportedly 5 times
faster than any other wireless network by today's standards. They have
teamed up with the Clearwire Corp., an internet provider, to help cut costs of
the project, and both of their customers will share access.
I have been reading about WiMax for a long time, and it looked promising
especially to people in areas where broadband was not available. I will be
interested to see how this develops.