Intel invests in WiMax roll-out in Malaysia
Intel, the world’s biggest chipmaker, said on Tuesday it would be involved in the first commercial roll-out of WiMax broadband technology in south-east Asia.
Craig Barrett, Intel’s chairman, told the Financial Times that the group, which has been at the forefront of promoting WiMax, had invested in Green Packet, the Malaysian technology company set to launch services next month.
Mr Barrett said the significance of the deal between Intel Capital, the venture capital investment arm of the chipmaker, and Green Packet was much greater than its size, initially MY$50m ($15m).
WiMax technology has been under development for years and has already been deployed in projects around the world. It promises to provide mobile internet access at desktop broadband speeds and is expected to spur the development of a wide range of new mobile services including video, search and location-based services.L33tdawg: Green Packet is definitely going to be a company to watch - it seems like they're pretty serious about their WIMAX plans and with Intel now in the picture, I can only hope for good things to come from them. Apparently, they're planning for the first phase deployment by the end of this year. Let's hope they go above the mandataed (by the Ministry of Communications) minimum service requirement of 1Mbps and come up with something a little beefier.
