U.S. wireless landascpe about to change
CEO Dan Hesse, Comcast chairman and CEO Brian Roberts, Time Warner Cable president and CEO Glen Britt, and Stanton.
The deal, which has been approved by the boards of all companies involved, is expected to close during the fourth quarter. The company will apply for a Nasdaq listing under the ticker “CLWR.”
The WiMAX promise
There is a a reason why U.S. technology giants place this multi-billion dollar bet on WiMAX: backers of the wireless data-streaming format say it will radically change mobile Internet use. A WiMAX network of the kind to be deployed across the United States by the joint venture may render cable or phone line Internet obsolete and set the stage for free Google mobile telephones supported by advertising. “It is like mobile Internet in your pocket,” said Scenna Pabesh, a spokeswoman for nonprofit WiMAX Forum, an industry group that promotes interoperability of networks and devices using the format. “Anything you could imagine doing in your office or on a hefty Internet connection at home you are going to be able to do on the go.”
WiMAX is deployed in 110 countries and Wednesday’s unveiling of Clearwire should ensure the United States joins those ranks, according to Pabesh. The Asian Pacific region leads in WiMAX adoption. South Korea is considered a success model with 150,000 people, most of them in Seoul, subscribing to WiMAX mobile services, she said. WiMAX quickly moves large amounts of digital data such as video or picture files across kilometers, as compared to WiFi connections available in cyber cafes or other hot spots, the signals of which reach a few hundred meters or less. “It is really Wi-Fi on steroids, but the trick is getting it rolled out,” Silicon Valley analyst Rob Enderle told AFP. “It is actually a game changer if Clearwire can bring it out. For the consumer it is cheaper, faster and you are not locked down to home or Starbucks.”
WiMAX takes advantage of broadband frequency spectrums and was likely on Google’s mind when it got U.S. regulators to make open access a condition in a recent 700 MHz spectrum auction. WiMAX connections are so data-rich and inexpensive that it would be feasible for online colossus Google to market a “Gphone” which offers mobile telephone and Internet services supported by advertising, Enderle said. WiMAX also holds the potential to deliver high-speed Internet to remote locations because towers can relay WiMAX signals long ranges. While the Clearwire network is not expected to be deployed in the United State for several years, Wednesday’s announcement is seen as a bellwether by the industry, according to Pabesh. “This can only be good news for WiMAX and its propagation worldwide,” Pabesh said. “We expect WiMAX to become a mass market technology in the next two or three years. It is really bringing mobile broadband to the masses.” Clearwire is one of the largest WiMAX spectrum owners worldwide, with an emphasis on Europe, according to WiMAX Forum.
“What a lot of people overlook is that WiMAX is already quite successful and new deployments are coming online rapidly,” Pabesh said.