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Cable providers invest in wireless broadband network

The New York Times reports this morning that a consortium of Sprint Nextel, Google, Intel, Comcast, Time Warner, Bright House and Clearwire are set to announce today a $12 billion deal to build the nation's first wireless 4G network. The proposed wireless network speeds would be comparable to current home broadband speeds.

Cable providers involved in a wireless venture? It's one more example of the innovations spurred by competition in Internet access. Why in the heck would anyone want to impose government regulations that might stifle creative advancements like this one? Broadband Reports indicates that Sprint Nextel wasn't able to put the capital together on their own for the network, and the cable providers' investments made the deal happen.

While wireless access is not critical to the cable business model, it could be an additive bonus, allowing customers to take their Internet connection with them when they leave their desktop computer.

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Are we investing in the wireless broadband network?
Would we invest if we were able to?

That would be nice to be able to take our service with us where ever we go, especially if it was 20 meg :D

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