Cisco, Clearwire in WiMax supply deal
Wednesday, May 13, 2009 1:16PM UTC
NEW YORK (Reuters) - Clearwire Corp said on Wednesday that Cisco Systems Inc would build devices for customers of a high-speed wireless network Clearwire is building based on emerging WiMax technology.
The companies said that as part of their multiyear agreement, Clearwire has also selected Cisco as its supplier of Internet equipment on a national basis.
Cisco plans to build new devices for Clearwire's WiMax network targeted at consumers, small offices and home offices as well as small and medium-sized business and plans to introduce its first WiMax device later this year.
Clearwire, which is 51 percent owned by Sprint Nextel Corp, currently offers WiMax in Baltimore, Maryland, and Portland, Oregon, and plans to bring the service to more than 80 markets by the end of 2010.
(Reporting by Sinead Carew, editing by Gerald E. McCormick)