Intel ( News - Alert) Capital, Intel Corporation's global investment organization, has in fact signed an agreement to make a substantial investment in U.K. based FREEDOM4 Limited (FREEDOM4), previously known as Pipex Wireless Limited.
FREEDOM4 is a pioneer in WiMAX services with broad spectrum assets, which will facilitate the deployment of WiMAX ( News - Alert) across the U.K. WiMAX services provided by FREEDOM4 aim to make personal wireless broadband available to both businesses and consumers at affordable prices.
"Intel Capital ( News - Alert) is a major investor in WiMAX technology and is committed to accelerating the deployment of open-standards mobile broadband around the world," said Arvind Sodhani ( News - Alert), president of Intel Capital. “FREEDOM4 has built a top-notch management team and this is a strategic investment opportunity through which we can help facilitate the deployment of wireless broadband in the U.K market."
Mike Read, CEO, FREEDOM4 hopes that the investment from Intel Capital and Pipex Communications will facilitate the roll out of a WiMAX network in other cities around the U.K., providing a truly flexible service to businesses and consumers.
Intel is playing a pivotal role in the development and deployment of WiMAX, a new wireless broadband technology that delivers "broadband on the go." Mobile WiMAX, based on the IEEE 802.16e industry specification, is a mobile broadband wireless technology that provides low-cost, multi-megabit speed and increased throughput for accessing large amounts of data such as movies and multimedia content.
In addition, Intel's integrated Wi-Fi/WiMAX module will debut in certain next-generation Intel Centrino processor-based laptops (codenamed "Montevina") beginning in the middle of the year. The company's low-power mobile WiMAX silicon specifically designed for mobile Internet and consumer electronic devices (codenamed "Baxter Peak") will also be available this year.
Niladri Sekhar Nath is a contributing writer for TMCnet covering telecommunications, service providers and networking. To see more of his articles, please visit his columnist page.
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