Despite Layoffs, Sprint WiMax Full Speed Ahead

 
 
Katie Fehrenbacher of GigaOM notes that while Sprint has hit a rough patch and recently announced plans to lay off 5,000 employees, their projected spending on WiMax in 2007 has actually increased. The company says they'll spend in the neighborhood of $1.1 billion on WiMAX in 2007 and between $1.5 billion and $2 billion in 2008.
Washington DC and Chicago will be the first cities to see the new service, sometime in the first half of 2008. Of course the layoffs are thanks to Nextel performance issues, so the two really aren't related -- Sprint sees WiMax as their holy grail, so anything short of armageddon likely wouldn't derail deployment plans.
 

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