Cisco Enters the WiMAX Market
One week after the International Telecommunications Union approved WiMAX as a 3G technology, Cisco announced it is moving into the WiMAX space with the purchase of Navini Networks, a major manufacturer of WiMAX networking equipment.
At the time of the ITU's approval, the WiMAX Forum predicted the move "significantly escalates opportunities for global deployment, especially within the 2.5-2.69 GHz band, to deliver mobile internet to satisfy both rural and urban market demand."
Evidently, Cisco thinks so, too. The deal will cost Cisco $330 million and is expected to be complete in the first half of 2008.
Evidently, Cisco thinks so, too. The deal will cost Cisco $330 million and is expected to be complete in the first half of 2008.
Source: Personal Bee
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Posted to Cisco