Intel’s $600 Million WiMax Bet

Intel, with hopes of encouraging a nationwide service that equips notebook PCs for fast Internet access and Internet-based calling throughout the US, has invested $600 million in Clearwire. This is Intel’s second investment in the Kirkland (Wash.)-based wireless broadband provider, and a big boost for WiMax. WiMax technology is used to cover large areas with wireless broadband Internet access, and Intel plans to push the market forward by incorporating dual WiFi/WiMax chips into its Centrino platform. The newly-funded Clearwire has recently moved from introducing a WiMax-precursor in 27 small cities across the US to providing service for big cities like Seattle and Honolulu.
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