The deal struck between Sprint Nextel and Clearwire back in July has been scrubbed and the national WiMAX network took a hit. Both companies say they will continue to work on the technology independently.

Although both companies appear committed to developing WiMAX, their shareholders may actually hold the reins as huge sums of money are necessary to go forward.

Manufacturers of WiMAX equipment feel the technology is still sound and they plan to go ahead with device creation, it just may take longer for the technology to take hold. AAA So, the future of WiMAX is uncertain, it may be better suited for emerging markets than the U.S., only time will tell.
Via [news.com]