This entry was posted on Thursday, May 15th, 2008 at 10:30 am and is filed under Interesting Telecom, Internet and Media Companies, Telecom Boom, Meltdown and Resurgence. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Yesterday morning’s post explained how Craig McCaw launched Nextlink, which turned into XO. McCaw is also behind Clearwire, which is up to some exciting things in the telecom resurgence era.
Sprint and Clearwire are combining their WiMax Business to create a new mobile broadband company. Intel, Google, Comcast, Time Warner Cable, and Bright House Networks are investing $3.2B as partners in this venture. Not only will this venture lead to more widespread availability of bandwidth, it will spur other wireless companies to accelerate their investments in nextgen networks as well. Read Sprint’s press release for more details.
On a related note, Silicon Valley Insider had a write-up on Sprint Nextel’s 1st quarter results. Major wireless carriers are a major focus of Zayo, so it is good to stay abreast of how their businesses’ are doing.
Posted by Dan Caruso (May 15, 2008)
