Intel Takes Stake In WiMax Startup
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NEW YORK - Chipmaker Intel today threw more weight behind the developing wireless broadband data standard known as WiMax by taking a stake in Clearwire, a wireless startup led by billionaire Craig McCaw 240699.
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Intel, the world&#39;s largest chip maker, said on Tuesday that it had started providing customers with test versions of chips for equipment that will allow long-range wireless high-speed Internet surfing.
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A consortium led by Japanese telecommunications company KDDI and backed by Intel will receive one of two WiMax licenses to be awarded soon by the Japanese government, a report said Tuesday.The group, called Wireless Broadband Planning, and one led by rival carrier Willcom will be recommended by Japan&#39;s Ministry of Internal Affairs and Communications on Friday to a panel charged with selecting the groups to win the licenses, said the Tuesday morning edition of The Nikkei newspaper. The panel is expected to follow the ministry&#39;s recommendations.The Ministry of Internal Affairs and Communications could not immediately be reached for comment.Intel owns a 17.65 percent stake in Wireless Broadband Planning. The stake is matched by East Japan Railway and Kyocera, and all three sit behind leading shareholder KDDI, which has a 32.26 percent stake.The WiMax services will operate in the 2.5GHz band and will be capable of providing data service at up to 20Mbps to terminals travelling at up to 100 kilometers per hour, according to the Japanese government.Japan&#39;s cell phone carriers have been testing WiMax for some time, and Tuesday&#39;s report, if confirmed, will mean that market leader NTT DoCoMo and number three-ranked Softbank probably will have to lease networks from KDDI or Willcom if they are to offer competing services.KDDI is Japan&#39;s number two cellular carrier. It had 29 million subscriptions to its CDMA2000 cell phone service at the end of November this year, according to official figures. Willcom, which uses the PHS (Personal Handyphone System) technology to offer a data-centric service, had 4.6 million subscriptions.In contrast, NTT DoCoMo had 53 million subscriptions, and Softbank had 17.4 million subscriptions. Both carriers operate WCDMA (Wideband CDMA) networks.
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New Wi-Fi chip from Intel and a positive day for most bellwethers offset big loss at ARM. NEW YORK (CNN/Money) - News on a new chip from Intel helped balance out an acquisition by ARM that sent its stock reeling
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(InfoWorld) - Investors have a wide range of technology to choose from in the stocks they buy, and ClearwireÂ  is set to add more WiMax to the list, when it offers 20 million shares for sale at between $23-$25 on the Nasdaq Stock Market. The Kirkland, Washington wireless broadband Internet service provider Tuesday issued a preliminary prospectus for a share sale with the U.S. Securities and Exchange Commission (SEC), and said it planned to launch the public offering as soon as possible after the share sale is registered. It did not give a specific date. Clearwire will become one of just a few WiMax companies listed on a U.S. stock market, and one of the most high profile due to its relationships withÂ IntelÂ andÂ Motorola. The listing may also be a sign that word ofÂ WiMax technology is spreading. The popularity of sipping coffee at Starbucks while reading e-mails on a laptop PC has grown along with wireless technologies such as Wi-Fi. WiMax aims to replace Wi-Fi as a speedier service with far wider ranging access. Clearwire will list under the stock ticker code, CLWR. Clearwire is also offering 3 million additional shares to the investment banking firms underwriting the sale, and if all 23 million shares sell out at the mid-range price, $24, Clearwire will pocket $513 million from the sale, it said in the SEC filing. The money will mainly be used to finance its business. It has spent millions expanding its WiMax network, and expects to need more to continue growing. "As Clearwire is at an early stage of development, we cannot anticipate with certainty what our earnings, if any, will be in any future period. However, we expect to incur significant net losses as we develop and deploy our network in new and existing markets, expand our services and pursue our business strategy," it said in the filing. The company has lost money ever since it opened, and estimated its total indebtedness as of Sep. 30, last year, at approximately $755.7 million. But the company has some big backers to help keep it running, mainly companies promoting WiMax. Intel's venture capital arm invested $600 million in Clearwire last year in one of its single biggest deals ever. Intel Capital commonly invests in companies tied to Intel strategies aimed at growing its core microprocessor business. WiMax has been a major push for Intel over the past few years. The company's line of Centrino notebook PC chips, which put Wi-Fi into portable PCs, was wildly successful on the market, and some analysts say the company could be a big winner with a similar chip package developed around WiMax. Clearwire and Intel have also agreed to jointly develop and promote a mobile WiMax service offering as a co-branded service available only over Clearwire's WiMax in the U.S., according to the prospectus, to target users of laptops, ultramobile PCs, and other mobile devices. Once Clearwire completes its share sale, Intel will still hold a 26.6 percent stake in the company, or 36.76 million shares, while Motorola will hold a 12.9 percent stake, or 16.67 million shares, according to the prospectus. Clearwire sold its wireless broadband equipment business to Motorola last year, and indicated in the prospectus that it will rely on Motorola to supply equipment for its network. Clearwire currently offers broadband wireless services in the U.S. and Europe. Its subscribers rose to 206,000 as of the end of last year, from just 1,000 on Sep. 30, 2004, it said. Its subscriber base has grown despite wireline alternatives for users, including broadband cable modems and DSL (digital subscriber line) Internet service. As of the end of last year, Clearwire services were available to 9.6 million people, including 8.6 million throughout the U.S., and one million in Brussels, Belgium and Dublin, Ireland, the company said. WiMax base stations can send broadband Internet signals to far greater distances than the Wi-Fi technology that WiMax is meant to replace. Although estimates vary on how far WiMax signals can go, in densely populated cities, where users are not likely to be positioned within sight of access points, the distance should be between 2 km and 4 km. A few of the other listed companies in the WiMax field include device maker Proxim Wireless, service provider Alltel, and WiMax network equipment maker, Alvarion. The stock ticker codes of the three companies are PROX, AT, and ALVR, respectively.
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SAN JOSE, CALIF. - Hoping to accelerate the deployment of a new wireless technology, Intel announced Monday it&#39;s invested in a venture started by billionaire Craig McCaw to deliver high-speed Internet service over the airwaves.
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Intel plans to increase focus on WiMax connectivity and multicore processing, two innovations that the chipmaker believes will drive future industry growth.
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Intel and Clearwire, Craig McCaw&#39;s wireless broadband services company, plan to jointly develop and deploy wireless broadband WiMax networks, the companies announced today.
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Three companies are set to use the backdrop of the 2008 Mobile World Congress in Barcelona to debut a device that can use WiMAX technology to make calls.
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Sprint-Clearwire detente? There could be changes afoot in the world of WiMAX. One rumor-happy research firm is claiming that US WiMAX pioneer Clearwire may soon be purchased by Intel, while another is speculating that the company will soon resume its defunct WiMAX relationship with Sprint Nextel.â¦
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Intel has started testing its WiMax chip, dubbed &quot;Rosedale.&quot; The chip manufacturer is shipping test versions of the chip to equipment manufacturers and is involved in trials with carriers.
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Intel Capital has invested in a startup that offers a scalable storage service.
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Chinese telecom equipment giant ZTE will use Intel's WiMax chips in its development plans.
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SAN FRANCISCO--Intel and cell phone pioneer Craig McCaw&#39;s latest company, Clearwire, plan to develop and install high-speed networks based on broadband technology commonly referred to as WiMax.
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Intel Corp said on Wednesday it had  won a mobile WiMax chip order from the world&#39;s top cellphone  maker Nokia, which will use its semiconductors in  Internet-focused devices from 2008.
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(InfoWorld) - Sprint Nextel has given WiMax technology a green light, becoming the first major U.S. carrier to back WiMax for its fourth-generation (4G) wireless data network. The third-largest U.S. mobile operator plans to start rolling out the WiMax network in late 2007 and hopes to reach as many as 100 million people with the service by the end of 2008. Offering downstream speeds of 2M bps (bits per second) to 4M bps, WiMax promises new power for bandwidth-hungry applications like mobile videoconferencing and large enterprise file transfers. With 4G, enterprises will be able to buy guaranteed throughput from a carrier, something they can't do with 3G, said Tad Neeley, an analyst at Gemini Partners Inc. For example, if a company paid for 1.5M bps upstream and downstream, remote employees could count on that speed no matter how busy the network was. Hardware partners Intel Corp., Motorola Inc. and Samsung Electronics Co. Ltd. will equip notebook PCs and a variety of mobile devices to use Sprint's 4G network. The 4G service will complement Sprint Nextel's 3G EV-DO (Evolution-Data Optimized) services, executives said. The carrier already offers video, music and other multimedia services on 3G, but that technology doesn't deliver the economics Sprint needs, said Barry West, Sprint's chief technology officer. WiMax service prices will meet Sprint's frequently stated goal of offering 1G byte of data per month for less than $20: "We are significantly south of that," West said. Motorola and Samsung's position in the device market, along with Intel's marketing power, will make this a turning point for WiMax, said IDC analyst Shiv Bakhshi. "WiMax was in need of a major player signing on to it," he said
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InfoWorld - Intel may deliver WiMax technology more quickly to mobile users by including it as an option for ultramobile devices based on the company's Menlow platform, according to an Intel executive.