Intel Capital, PIPEX Create Broadband Wireless Company

by Marco Chiappetta — Monday, April 03, 2006, 04:00 PM EDT

Intel Capital, PIPEX Create Broadband Wireless Company In The UK

Companies Form PIPEX Wireless to Deploy Wireless Broadband Services Based on WiMAX Technology

LONDON, April 3, 2006 – Intel Capital, Intel's venture capital investment organization, and PIPEX Communications PLC, a major United Kingdom-based telecommunications provider, announced today that they have jointly formed PIPEX Wireless, a wireless operator which will provide broadband services in major metropolitan areas. These services are designed to meet the needs of consumers, enterprises and governments for wireless broadband, including citywide "hotspot" wireless access.

Intel Capital is investing US$25 million in the new company. PIPEX has transferred its entire 3.6GHz UK spectrum license to PIPEX Wireless to deploy services based on WiMAX (Wireless Interoperability for Microwave Access). WiMAX is a broadband wireless technology designed to provide Internet access over long distances. Intel and PIPEX are the company's only shareholders. READ MORE...

Tags: Intel, Broadband, wireless, Capital, ban, IPEX, ita, cap, Pi, TAL, EA, company, api, IP, AP, COM, and, band

Marco Chiappetta

Marco's interest in computing and technology dates all the way back to his early childhood. Even before being exposed to the Commodore P.E.T. and later the Commodore 64 in the early ‘80s, he was interested in electricity and electronics, and he still has the modded AFX cars and shop-worn soldering irons to prove it. Once he got his hands on his own Commodore 64, however, computing became Marco's passion. Throughout his academic and professional lives, Marco has worked with virtually every major platform from the TRS-80 and Amiga, to today's high end, multi-core servers. Over the years, he has worked in many fields related to technology and computing, including system design, assembly and sales, professional quality assurance testing, and technical writing. In addition to being the Managing Editor here at HotHardware for close to 15 years, Marco is also a freelance writer whose work has been published in a number of PC and technology related print publications and he is a regular fixture on HotHardware’s own Two and a Half Geeks webcast. - Contact: marco(at)hothardware(dot)com