$65M is price tag for mobile multimedia assets from struggling chipmaker.
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After the second major economic implosion in less than a decade, companies scramble to stay alive.
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The carrier’s modem that does both 3G and WiMAX will appeal to a small segment of the business market and do little to stave off the onslaught of LTE, analyst says.
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Paris-based company says it will trim 1,000 managers, 5,000 contractors, and cut costs related to its massive legacy business.
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Company says cuts are pre-emptive, but WiMAX faces a two-year window so an extended downturn could spell trouble.
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Cable operators are betting $1.65B on the service that competes with cable modems and may never compete with AT&T, Verizon Wireless, and T-Mobile.
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WiMAX firm faces new realities as it embarks on a plan that was drawn up before the economy skidded into recession.
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Monumental losses, layoffs, employee buyouts, and lowered forecasts marked a difficult week for telecom, but startups could be the biggest casualties to come.
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Qualcomm's Kayak device will target emerging economies, but it will likely run squarely into efforts from Nokia.
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Wayport, backed by Sevin Rosen, New Enterprise, extends AT&T service from Starbucks to McDonald’s and hotels.
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Federal Communications Commission signs off on so-called whites space rules, the Verizon Wireless-Alltel merger, and the tie-up of Sprint’s and Clearwire’s WiMAX businesses.
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Despite credit concerns in the carrier market, investors believe WiMAX, with billions of dollars worth of projects in the pipeline, will soldier on for some time.
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Altair Semiconductor will use its new cash haul to speed its transition from engineering company to a marketing one courting major carriers.
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Normally in lockstep on new technology, cable operators are divided on wireless, but experts say when the dust settles maverick Cablevision will come back to the pack.
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Unlike its rivals who chose WiMax, New York's maverick cable operator picks Wi-Fi for the largest free wireless mesh network in the United States.
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Chip giant hopes developers will follow VoIP firm's lead and use 'Wake' technology for unattended downloads and remote PC management.
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Alliance--which includes Cisco, Alcatel-Lucent, Samsung, Sprint Nextel, and Clearwire--aims to cap costs.
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A well-financed wireless broadband carrier with well-heeled backers motivated to innovate could jolt the WiMAX community out of its inertia.
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Google, Intel, Sprint Nextel, Clearwire, Comcast, Time Warner Cable, and Bright House wager a fortune on an unproven but disruptive technology.
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Buying Sprint would vault the German giant into the top U.S. mobile carrier spot, but will its backers approve?
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