WiMax Keeps Gathering Momentum

Kenneth M. Leon (Standard & Poor's) writes:  "... A number of recent developments since my last column (see ... "Here Comes WiMax World") indicate that all of the pieces are coming together for WiMax service.  ¶  We at Standard & Poor's Equity Research feel confident that WiMax service will be commercially available in 2006. Trials by telecommunications carriers around the world are already under way. ¶  We believe WiMax is the ultimate complement to Wi-Fi, capable of back-hauling wireless hot spots and wireless LANs (local area networks) to the Internet, providing campus connectivity, and offering a wireless alternative to cable and DSL for last-mile broadband access. It has a service range of up to 50 kilometers and provides data rates of up to 280 megabits per second per base station. ..."  Link:  BusinessWeek.