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Google invests $500m in the Clearwire WiMax Network Company

May 7 2008, 1:01pm CDT | by

Google invests $500m in the Clearwire WiMax Network Company
 
 

Google is one of the investors in the newly formed Clearwire WiMAX business with Sprint. Google invested 500 million of the 3.2 billion that the new Clearwire company is getting injected.

Google will provide search and applications to the network's users, and will work with Clearwire to offer additional services and applications.
This will include creating an open Internet protocol to work with mobile broadband devices (including Android-powered devices) and implementing other open network practices and policies.

Google says that Clearwire intends to build and maintain a network that will embrace important openness features: (1) expand advanced high speed wireless Internet access in the U.S., (2) allow consumers to utilize any lawful applications, content and devices without blocking, degrading or impairing Internet traffic and (3) engage in reasonable and competitively-neutral network management.
Via the Google Blog.

Looks like we are all set to a bright future with broadband internet everywhere. I hope we see a nation-wide deployment of this technology and not just small areas in major cities getting WiMAX coverage.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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