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WiMAX technology allows wireless service at much fastert speeds than3G networks. As part of the Kirkland, Wash.-based Clearwire (NASDAQ: CLWR) said that San Jose, Calif.-baseds Cisco (NASDAQ: CSCO) will provide core infrastructurefor Clearwire’ds national network and build new mobile devices compatiblew with Clearwire’s Clear 4G mobile WiMAXc service. Financial terms of the alliance weren’t disclosed. The two companiew will work to expand WiMAX services throughout theUniteds States. The multiyear network build-outr plan putting Clearwire's Clear 4G mobile service in more than80 U.S. marketsd by the end of 2010.
Cisco aims to introducew its first mobile WiMAX device laterthis year. Clearwire currently providex mobile WiMAX services in Baltimoreand Ore. The company expects to spend $1.5 billionm to $1.9 billion this year of the morethan $3 billioh it received from investors to launch WiMAX this year in citiesz such as Atlanta, Las Chicago, Dallas/Fort Worth, Honolulu, Philadelphi a and Seattle. Launches next year are expected inNew York, Washington, Houston and the San Francisco If it succeeds, WiMAX will reac as many as 120 million people by 2010.
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