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Analyst: Intel unlikely to invest $2B in WiMAX

By admin
Created Mar 19 2008 - 6:59am

Reports early last month [1] claimed that Intel was interested in investing about $1 billion to $2 billion into a rumored Sprint-Clearwire WiMAX joint venture, but one analyst is throwing cold water on Intel's potential role in such a JV.

"There is very little precedent for Intel making a $1 billion to $2 billion investment in a non-core business," JP Morgan analyst Jonathan Chaplin said after attending an Intel analyst event last week.

Chaplin pointed out that Intel's entire R&D budget is in the $1 billion to $2 billion range, and WiMAX is but one of several initiatives. Chaplin said it was far more likely that Intel would join a consortium of investors, which could include Google, handset makers and wireline or cable operators, to fund a Sprint-Clearwire joint venture.

For more on the comments:
- read this report [2] from Telecoms.com

Related Articles:
Intel invests in WiMAX chipmaker Article [3]
Intel, NDS announce TV-over-WiMAX demo Article [4]
Intel to announce WiMAX Centrino chipset Article [5]


Source URL:
http://www.fiercewireless.com/story/analyst-intel-unlikely-to-invest-2b-in-wimax/2008-03-19