Cable Companies In Talks to Fund WiMax Network

March 26, 2008

Comcast and Time Warner Cable are in talks to invest in a wireless company based on WiMax technology, according to a source familiar with the talks.

The company would be operated by Sprint Nextel and Clearwire, which have focused over the past year on building a network based on WiMax, said the source, who spoke on condition of anonymity because talks are ongoing.

By Cecilia Kang Washington Post Staff Writer

Full Story: http://www.washingtonpost.com/wp-dyn/content/article/2008/03/25/AR2008032503759.html?hpid=sec-tech