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May 23, 2006
Intel Capital: Wimax Telco Tycoon
If Wimax takes off the way that Intel is hoping, it won't just be a chipmaker anymore, it'll be a shareholder in a number of growing alternative telecommunications companies, practically a telco tycoon via the efforts of its corporate venture capital arm, Intel Capital.
We're saying that becuase Intel Capital has just announced backing two more municipal telecoms operators that have Wimax ambitions.
Both Orascom Telecom WiMAX Limited, a joint venture with Orascom Telecom of Egypt, and Worldmax, a joint venture with Enertel Holding of the Netherlands, will be getting some capital and tech know-how from the chip giant.
The deals are conditional on some undisclosed approvals and criteria.
These two follow several others in the UK and in Germany earlier this year (follow links below).
Intel's hoping that Wimax is going to be deployed all the way from the backhaul to the end user device.
Its kickstarting the market for Wimax chips has the side effect that several startups, such as US-based Aperto, an access network systems provider, along with UK-based PicoChip (Pond Ventures, Scottish Equity Partners, among others), a wireless chipmaker, and Ubiquisys (backed by Atlas Venture), a wireless network access box-maker, may feel market demand earlier than they could have normally expected.
Read - Intel Capital Extends WiMAX Investments Worldwide
Read -Intel backs second Wimax (alarm:clock euro)
Posted on May 23, 2006 07:14 AM | Posted to News And Updates | Wireless | Permalink
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