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Sprint to Invest $5 Billion (With a B) in XOHM WiMax

Filed in archive WiMax/WiBro by jeff goldman on August 16, 2007

xohm-logo.jpg

In its announcement of its unfortunately-named XOHM WiMax service today, Sprint mentioned that it's planning to spend approximately $5 billion to roll out the network - $2.5 billion by year-end 2008, and another $2.5 billion by year-end 2010.

In return, the company says it expects to generate more than $2 billion a year in revenue starting in 2010.

"The cellular provider did not commit to service plans, but reportedly intends to offer between 2 Mbps and 4 Mbps download speeds for approximately $50 per month," according to Electronista.

More here from Reuters ... more here from the Wall Street Journal ... more here from Unstrung ... more here from Wireless Week ... more here from BetaNews ... more here from InfoWorld ... and the press release is here.



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Permalink: Sprint to Invest $5 Billion (With a B) in XOHM WiMax
Tags: sprint  xohm  wimax  billion  wibro  wireless  broadband  mbps  fee  network  mobile  Internet  access  2007  xohm 

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