A western US company has purchased 11 of GigaBeam’s WiFiber links with compound semiconductor chips, according to the Virginia-based broadband wireless access equipment vendor. According to GigaBeam chairman and CEO Lou Slaughter, the company’s client “is taking advantage of WiFiber, instead of terrestrial fiber, to build out a metropolitan network at a fraction of the… Continue Reading

Clearwire Gets More Dough
In the past two months, Clearwire has received over $1.1 billion to develop a nationwide WiMax network. It won $900 million in investment from IntelCapital and Motorola Ventures for the project in July. It secured a further $100 million from two investors and $125 million in debt financing from Morgan Stanley, Merrill Lynch, and JP… Continue Reading