A Wake-Up Call From Craig McCaw (BusinessWeek)
As notable companies in the telecommunications industry prepare to roll-out the next generation of wireless services, notable individuals in the industry also have plans underway. Billionaire Craig McCaw, wireless service icon, is promising that his current communication company Clearwire will provide a nationwide, high-speed wireless network in three years.
The technology, known as WiMax, has received a $900 million investment from Intel and Motorola. This partnership makes the prospect of a mobile broadband network seem serious enough to put other wireless providers on edge. Currently, the big four wireless providers are investing billions of dollars in 3G which would compete with the WiMax technology.