Posts Tagged "intel"

WiMAX
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Clearwire adds 49K new WiMAX users in Q3

Apparently it’s no longer “premature” to break out mobile WiMAX subscriber numbers — at least now that there is an impressive number to talk about. According to its third-quarter financials press release, WiMAX provider Clearwire signed up 49,000 users for its new, mobile “4G” WiMAX service during the third fiscal quarter, a big, important leap from the embarrassing number of 12,000 net new adds for Q2.

Granted, Clearwire did have the helping hand of a lot of new markets in Q3…

WiMAX
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Report: Clearwire getting additional $1.5B in funding

When we heard Clearwire’s Hope Cochran was a no-show at last week’s Open Mobile Summit due to a last-minute trip to New York, we knew something was up — and since Cochran is Clearwire’s senior VP for finance and treasury, it (apparently) had something to do with money talks, specifically the kind that helps you keep building those costly consumer wireless networks.

On Sunday the Wall Street Journal was reporting that Sprint, Intel, Comcast and others will soon be investing another…

WiMAX
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Comcast ready to resell Clearwire’s WiMAX

In news announcements today cable giant Comcast announced that it would start reselling Clearwire’s WiMax services, a business move they promised earlier this year.

From the press release, the main pricing plan for the service (which they are calling Comcast High-Speed 2go™) is a combo of wired cable broadband and local Clearwire WiMax for $49.99, or cable plus a hybrid 3G/4G card for $69.99:

The $49.99 Fast Pack Metro service includes Comcast’s 12 Mbps home Internet service, a free WiFi router for…

News
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Intel plays WiMAX sugar daddy, invests millions in Japanese operator

Don’t we all wish Intel would fund our dreams? In the case of UQ Communications, the Japanese WiMAX operator, Intel Capital has lavished $43 million on the operator for the purpose of building a mobile WiMAX network in Japan. The problem with the Japanese market is that things that work well overseas never catch on in Japan, and things that are hugely popular in Japan like i-Mode are complete flops outside it. So the assumptions people make about mobile data…

News
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Intel writes off $1 billion Clearwire investment

The year has barely begun and the bad news seems to get getting worse. Intel has released preliminary Q4 2008 financials which are quite grim: revenue is down 23 percent year over year, 20 percent down from Q3 2008. Intel also says because of the dramatic decline in the share price of Clearwire, it has to write off close to $1 billion. In fact, it expects a loss from equity investments and interest to be between $1.1 billion and $1.2…

News
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It’s official: Xohm WiMAX launch party is Oct. 8

After all the doubts, deals and delays, the biggest launch of WiMax services in the U.S. will become official on Oct. 8, when Intel, Sprint, Clearwire and others host a WiMax celebration/demonstration in Baltimore, whose residents will be the first to test Sprint’s Xohm WiMax services.

The official press invite just crossed our email inbox, and it still says “COME CELEBRATE THE DAWN OF 4G WITH THE SEPTEMBER LAUNCH OF XOHM AND ITS MOBILE WIMAX NETWORK IN BALTIMORE,” which leads us…

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