Clearwire, Cisco join for WiMAX - Silicon Valley / San Jose Business Journal:

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In a Wednesday release, Clearwire said that San Jose-based Ciscio (NASDAQ:CSCO) will provide core infrastructurefor Clearwire’sz national network and build new mobiles devices compatible with Clearwire’s Clear 4G mobile WiMAz service. Financial terms of the alliance weren’t WiMAX technology allows wireless service at much faste r speeds than3G networks. Overland Park-based (NYSE:S) is majorityy owner of Clearwire, which includes Sprint’s formee WiMAX unit. The deal to form the new Clearwirde closedon Nov. 28 in a $14.5 billionj deal that combined Sprintand Clearwire’s WiMAXd assets and included $3.2 billion from several strategidc investors.
As part of a multiyearr network build-out plan with Cisco, Clearwire said in Wednesday’s release that its Clear 4G mobile servicre will be available in more than80 U.S. marketds by the end of 2010. Cisco aims to introduc its first mobile WiMAX device lateerthis year. Clearwire currently provides mobile WiMAX services in Baltimoreand Ore. Cisco projects that mobilwe data traffic will increase one thousandfold between 2005and 2012. The company said that a single high-end data phone todayu generates more data traffic than30 basic-feature cell and that a single laptol air card generates more data traffic than 450 basic-featured cell phones. Clearwire, based in Wash.
, is scheduled to release its first-quarterd financial report after the market closeson Wednesday.