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Thursday, May 8, 2008

Google Invests $500 Million In Nationwide Broadband

A post on the Official Google Blog yesterday explains Google's investment into a consortium which includes contributions from other heavyweights like Comcast, Intel Capital, Time Warner Cable, Bright House Networks and Trilogy Equity Partners for a total investment of $3.2 billion. The group will build on "Clearwires' existing consumer WiMAX business with Sprint's broadband infrastructure and 2.5 GHz spectrum to create a new nationwide wireless broadband network." In particular, the network will: (1) expand advanced high speed wireless Internet access in the U.S., (2) allow consumers to utilize any lawful applications, content and devices without blocking, degrading or impairing Internet traffic and (3) engage in reasonable and competitively-neutral network management." Of course Google intends to support the initiative with technology as well as money and it is clear that the network will be a catalyst for android powered devices.

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