Clearwire is teaming up with Google, Cisco Systems and Intel to build a WiMax network in Silicon Valley for software developers to try out new applications on the fourth-generation mobile broadband technology.
Financial charges taken by both Intel and Time Warner Cable on Wednesday put the spotlight on the tough prospects for Clearwire, the company that aims to build a nation-wide US mobile broadband network using WiMax technology.
Intel expects fourth-quarter revenue for fiscal 2008 to fall 23 percent compared to a year prior due to weaker demand for computer processors, the company said Wednesday.
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