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Dan Jones

WiMax Dumbocracy

March 26, 2008 | Dan Jones | Comments (4)
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2:55 PM -- Is the wait for a renewed Clearwire LLC (Nasdaq: CLWR)-Sprint Nextel Corp. (NYSE: S) partnership starting to feel a bit like the wait for Chinese Democracy (The Guns and Roses album, that is) to anyone else?

I mean, they're both massively hyped and, outside of a sticky coterie of insiders, nobody really gives a damn about either "event." And both are likely to be a damp squib when -- or if -- they do actually arrive.

I mean how many white knights has the WiMax venture supposedly had so far? Best Buy, Google (Nasdaq: GOOG), and Intel Corp. (Nasdaq: INTC) were said to be talking about a $2 billion rescue at some point. (See Clearwire & Sprint: On Again?.) Now the cable guys are supposed to ride in and save the day. (See Analyst: WiMax Might Scratch Cable's Wireless Itch.)

I'm not saying it won't happen, but I do wonder if it should happen. Clearwire has already had billions in funding and will need billions more to help establish WiMax and only about 18 months to make that happen before serious cellular competition arrives. (See WiMax's Narrow Window.)

At what point does further investment become an act of throwing good money after bad? Maybe Axl Rose can chip in with a few dollars...

— Dan Jones, Site Editor, Unstrung
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Gabriel Brown
User Ranking
Friday March 28, 2008 7:05:36 AM
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It might be worth wait. What if once it launches, it's an amazingly fast, low-latency service?


raylemaistre
User Ranking
Wednesday March 26, 2008 4:45:47 PM
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Did you hear the one about the horse who goes into a bar?

Barman says - why the long face?
Dan Jones
User Ranking
Wednesday March 26, 2008 4:18:35 PM
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ladies and gentlemen

Ray Le Maistre is here all week! Don't forget to tip your waiters and I hear the chicken is good tonight.

-- Jones
raylemaistre
User Ranking
Wednesday March 26, 2008 3:45:37 PM
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maybe we should call it Whymax, then...
The blogs and comments are the opinions only of the writers and do not reflect the views of Unstrung. They are no substitute for your own research and should not be relied upon for trading or any other purpose.
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