Cable operators Comcast and Time Warner plan to gather up $1.5 billion to $2 billion in order to get their own WiMax network going, and it's said that they would turn to Sprint to run the show. Now, I don't know what part of this plan makes sense to anyone else, but A) WiMax as a wide-area network technology isn't looking as hot in practice as it did in theory, and B) Sprint doesn't seem to be capable of running its own operation, let alone someone else's multi-billion-dollar baby. One thing is for sure, this move by the cable titans shows, like Dish Network's recent acquisition of some 700MHz spectrum, that everybody wants a piece of the wireless pie, even if they don't know exactly what to do with it. [AP]
I am not certain how it makes any less sense than Sprint acquiring NexTel and quickly becoming the second most despised mobile phone company in the world. In fact, this makes a lot of sense since despised numero uno is asking Sprint to manage their WiMax affairs. They make a perfect couple.