Wimax’s Nine Lives

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

With the CEO out at Sprint (S), it looked like his dream for a nationwide WiMax network to blanket much of the US with high-speed wireless was dead. That might have killed WiMax as a widespread technology here leaving it and its champions to take their chances overseas.

But, in a odd turn of events the United Nation’s may have become the biggest single advocate of WiMax. The International Telecommunications Union portion of the UN endorsed that tech after a big battle between Intel (INTC), one of the largest supporters of WiMax, and Qualcomm (QCOM), which does not want to see the new wireless standard cut into its 3G franchise.

According to The Wall Street Journal "WiMAX has been most widely used in emerging markets, where laying down cable has often been prohibitively expensive and where fixed-line networks never had a chance to develop before mobile technologies emerged." To some extent the UN is supported the standard because it is an affordable way to bring broadband to the world’s poorer countries.

How odd that the advocates for the poor and technology that they can afford might help WiMax distribution in the US.

Qualcomm, which gets a royalty on all 3G-based devices, can add this to its list of setbacks.

Douglas A. McIntyre

Try a Free Trial to the 24/7 New Media Newsletter and get the scoop on companies from Google to AT&T to Disney. E-mailed to you 52 times a year.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618