Sprint to Spend $5 Billion on WiMax

By Ed Oswald | Published August 16, 2007, 12:39 PM

Sprint reiterated on Thursday its plans to spend $2.5 billion through the end of next year on WiMax, claiming that it will spend an additional $2.5 billion on the technology through 2010.

The company says it has gotten several manufacturers to commit to putting 50 million WIMax devices in consumer's hands through the end of the decade. Sprint had already partnered with Nokia, Samsung, and Motorola on WiMax devices, but this appears to be more extensive.

Sprint says that it will run about 70 percent of the network, leaving the other 30 percent to be covered by its recently announced partner Clearwire. The initial network will cover about 100 million, however Sprint plans to cover an additional 25 million by 2010.

The success of WiMax will very much determine Sprint's future plans for expansion. By the beginning of the next decade, the initiative should begin to generate what is called positive cash flow, where operating income exceeds operating expenses.

Sprint's guidance on its WiMax plans came as part of its Technology Summit event, where it shows off its technological enhancements to analysts and investors.

"We've executed the technology plan we laid out when we merged two years ago, and, in doing so, we have advanced our vision of becoming the mobility services leader," Sprint Chairman and CEO Gary Forsee said.

Comments

View comments by with a score of at least

Yeah, well 2.5 billion, groovy. That's so they can justify hitting you with a $59.95 a month and up phone bill for the next ten years. Now that's positive cash flow.

Score: 0

|

Betanews Podcast: Transportation security, Facebook sensitivity, and you

Putting a big, black rectangle around stuff you don't want people to see, isn't exactly making it private. Facebook's equivalent is perhaps no better.

The PDF redaction problem: TSA may have been using old software

Betanews tests and research reveals that if the Transportation Security Administration was using modern software, it might not have a security issue now.

Google Maps doesn't prevent car accidents, only search accidents

This week, Google updated Maps for Android 3.3.1, adding topography, nearby points of interest, and error reporting.

The $1 DVD rental debate: LA group says Redbox will lose movie makers $1B

A report from the Los Angeles Economic Development Corporation says cheap Redbox DVD rentals could seriously damage the movie business.

iTunes gets cloudy: Will a web-ified future save iTunes or kill it?

Carmi Levy | Wide Angle Zoom: Apple reportedly wants customers to consider trading in a pod for a cloud.

Third-party mobile browsers Skyfire and Bolt give Opera a run for its money

Opera may be the biggest name in third party mobile browsers, but Skyfire and Bolt are charging forth with compelling updates.

In a peace offering to newspapers, Google offers a new news format

It's probably not a solution to the woes of major news publishers, but Living Stories may gather a few of those publishers together in search of one.

DOJ: Microsoft interop docs are now 'substantially complete'

A major milestone in the US Government's oversight of Microsoft is passed, as the Justice Dept. is now saying the company's protocol documents make sense.

First impressions of Droid: Easy, breezy, friendly, if a little fat

Though it's not quite as well-polished as Apple's iPhone OS, the version of Android that Motorola's Droid phone sports is still a breeze to use.

After telling US to mind its own business, Kroes slaps caps on Rambus royalties

The holder of many patents worldwide pertaining to DDR memory offered to reduce its royalty stake in that technology, and today the EU said yes.

EC's Kroes to US senators: Mind your own business on Oracle + Sun

UPDATED The EU's antitrust chief told the United States Senate Tuesday that any merger that takes place in the world is more her affair than theirs.