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Does Forsee's Departure From Sprint Mean Mobile WiMax Is Dead?
A few months ago, Sprint flirted with the controversial idea of spining off its WiMax unit. Well, now Sprint's CEO is out, and it looks like Sprint's WiMax plans are up the in the air. Is Sprint thinking about abandoning WiMax? At the time of the proposed spin-off in June, Sprint tried to reassure the public that the company was dedicated to the future of WiMax. Well, right before Sprint announced that Gary Forsee was out, the company confused matters about its possible WiMax venture with Clearwire. Here's a look at that move:
This doesn't look good for either Sprint or for the short-term future of its proposed WiMax network. Wall Street is backing away from both Clearwire and Sprint, and the Street's enthusiasm for WiMax is on the wane. On top of this, Sprint likely will bring in very shortly a new executive team eager to distance itself from former CEO Forsee's legacy. Don't forget, a big part of Forsee's legacy was his enthusiasm for WiMax. I don't know if Sprint will totally abandon its WiMax plans, but I do think there's a big chance that the company will downgrade those plans for 2008. I wouldn't be surprised if we hear that Sprint plans to push many of its deployments well into the end of 2009. If this happens, you could see all the hype that's been building around the future of WiMax deflate pretty rapidly. What do you think? Will Sprint abandon its plans for WiMax? Will Sprint just downgrade those plans, or will the carrier steer its current course to completion? « CIO's Next Move: Does COO Make Sense? | Main | 'The Office's' Dwight Joins Second Life » |
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