Not living in the U.S. puts me at a slight disadvantage in understanding the mobile Internet market out there but my head is going through a number of scenarios today after reading about the possible, but likely, $3.2Bn investment plan to prop-up the WiMax effort in the U.S.
Intel, a silicon manufacturer, a WiMax chipset manufacturer and mobile Internet platform specialist is giving $1bn. Google, an Internet search, advertising and services company, is giving $500m. Comcast, a cable company, is giving over 1 billion dollars. Time Warner, cable company and owner of AOL (AIM, Weblogs inc., ICQ, Winamp, Mapquest etc) is throwing in $500m and Bright House, a triple-play company is putting in $100m. Where? Into a joint venture that brings Sprint and Clearwire together into a new voice and data company valued at around $12bn. [More after the break...]
