Today the WiMAX Forum announced that effective February 1st, 2012, Ronald Resnick will retire from his role as the President of the WiMAX Forum. “Mr. Resnick has been a valued part of the WiMAX leadership for the past eight years,” said Dr. Mohammad Shakouri, Interim Chairperson of the WiMAX Forum. “The WiMAX Forum would like [...]
The International Telecommunications Union this week approved the IMT-Advanced specifications enabling 100 Mbps speeds. IMT Advanced incorporates two different 4G standards, one based on WiMax and one based on LTE. LTE performance is upgraded with LTE Advanced, while WiMax is upgraded to WirelessMAN-Advanced (also called WiMAX 2). LTE-Advanced” (based on LTE) and WirelessMAN-Advanced” (based on [...]
Sprint today announced it is collaborating with a number of utility companies and vendors on Machine 2 Machine (SmartGrid) technology for delivering power to homes and businesses. Sprint made the announcement in time for the upcoming DistribuTECH show in San Antonio, Texas, next week, where many smart grid vendors and utilities will be showing off [...]
The number of mobile phone subscriptions is now over 5.9 billion, reports the International Telecommunications Union in a 2011 year-end report (PDF). The world is home to 7 billion people, one third of which are using the Internet. Mobile phone subscriptions have now penetrated 87 percent of the entire world, says the ITU. Among all [...]
Clearwire announced it has finalized a funding and resale agreement with Sprint Nextel worth up to $1.6 billion to keep the company afloat, and made good on a $237 million interest payment due today. Terms of the agreement with Sprint include: Offers Clearwire Up to $1.6 Billion in Conditional Aggregate Revenues and Funding Clearwire to [...]
WiMax network operator Clearwire may not be long for this world if they don’t make the the right decision about a looming debt payment, opines TechCrunch. According to Bloomberg , the company owes $237 million in the form of an interest payment due on Thursday, and the wrong choice could spell the end of the [...]
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