Seeking alfa reported that Cisco Purchased Navini and its WiMAX Technology for $330 Million
Also here's a comparison of Wimax, 3G and Wi-Fi, and says:
"In the short term, Intel (INTC) will win big with this ITU approval of Wimax, and there will be huge changes to the wireless technology landscape going forward, with huge money won and lost. In any case, the consumer will be the eventual beneficiary of more competition in wireless space."
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