Comcast to the WiMax Rescue? So Says WSJ

With yet another “people familiar with the talks” sourcing, the Wall Street Journal is nevertheless reporting that Comcast and Time Warner Cable are now the latest sugar daddies lining up to save WiMax from the not-so-successful clutches of Sprint and Clearwire.

We’ll skip most of the details because we have heard such reports from this same reputable outlet before, and they haven’t materialized. Past rumored bacon-savers Intel and Google reappear here, though in this report Comcast is purportedly the leading funder, to the tune of $1 billion. Google, which seems more interested lately in talking about wireless networks instead of actually spending money on them, is reported to be in with a few hundred million.

We’ll believe all this when we see it, which may indeed happen next week in Vegas where Sprint CEO Dan Hesse is scheduled to give a keynote at the CTIA wireless show. Stay tuned!

(Even though he probably shouldn’t be up late at night blogging, Om nevertheless put together a nice compilation of WiMax posts here.)

2 Responses to “Comcast to the WiMax Rescue? So Says WSJ”

  1. TechCrunch Misses the Point on WiMax « Sidecut Reports Says:

    […] report on WiMax deployments in the U.S. — have delayed its release a bit while this whole Xohm thing shakes out. But in the course of lots of interviews and general research, it’s clear to me […]

  2. No WiMax News from Sprint… Yet « Sidecut Reports Says:

    […] would say about its Xohm WiMax network is that it is “coming soon.” No comments on last week’s rumors of an investment from Comcast, and no Q&A with Hesse, who was whisked into a meeting room […]

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