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Sprint Goes WiMax

Taking a flyer on next-generation wireless systems, Sprint Corp. (NYSE: S) says it will use mobile WiMax technology to create a high-speed wireless network that will serve 100 million subscribers by the end of 2008.

The firm is teaming up with Intel Corp. (Nasdaq: INTC), Motorola Inc. (NYSE: MOT), and Samsung Corp. on the massive project. Motorola and Samsung will provide mobile WiMax infrastructure and multi-mode devices for the network, while Intel will provide chipsets. All three will contribute undisclosed amounts of money for the infrastructure and marketing of this new network.

Sprint Nextel itself expects to spend $1 billion on the network in 2007 and up to $2 billion in 2008. That will enable the company to offer much higher data transfer speeds for broadband wireless users. Sprint Nextel CTO, and president-designate of the firm's new 4G unit, Barry West says users could see up to 4 Mbit/s on the downlink.

"I really believe that mobile broadband is going to completely change our lives," he told a packed press conference at the Westin Hotel in Times Square in New York.

Get the rest of the story at Unstrung.

— Dan Jones, Site Editor, and Richard Martin, Senior Editor, Unstrung

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