Investing in Future of Open InternetGoogle, Comcast, Intel Capital, Time Warner Cable, Bright House Networks and Trilogy Equity Partners have entered into an agreement to invest $3.2 billion in a new wireless broadband company. The new company will combine Clearwire's existing consumer WiMAX business with Sprint's broadband infrastructure and 2.5 GHz spectrum to create a new nationwide wireless broadband network.We need more networks, more bandwidth, more coverage, more competition, so hopefully this will get us some of that.
I can remember back when WiMAX was an Intel initiative, then Sprint signed-on and now we have coalition with the desire and cash to complete the task.