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Posted: Wednesday, 26 March 2008 4:29AM

Comcast, Time Warner May Fund Nationwide Wireless Service


by KYW's tech reporter Bob Bicknell

There’s word that several cable operators -- including Philadelphia-based Comcast -- are working on funding a nationwide wireless network that could offer high-speed Internet access to almost everyone.

It’s called Wi-Max, and like Wi-Fi it’s a high-speed wireless Internet connection, but has a much farther reach than current wireless networks.

The Wall Street Journal is reporting that Comcast and Time Warner cable companies are leading an effort to fund such a nationwide network.

Comcast is said to be willing to front as much as $1 billion for the project, Time Warner about half that.

The network would reportedly be run by Sprint Nextel, which had been supporting Wi-Max research for years, and Clearwire Corp.

Representatives for the companies could not be reached for comment.  

Expanded Story from AP

 
Read Bob Bicknell's "Web Picks of the Day"


Read AP Story


 
 
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