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Cablevision To Build Wireless Broadband Network
Just days after Sprint (NYSE: S) and Clearwire (NSDQ: CLWR) announced their WiMax deal, cable TV provider Cablevision (NYSE: CVC) said on Thursday in a conference call to discuss its Q1 earnings that it will spend $350 million to build a wireless broadband network, that would ultimately provide mobile voice services, reports Reuters. The new network will be rolled out in the next two years, and will be accessible by WiFi-enabled devices including laptops and iPhones.
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Friday, May 09, 2008
