WiMAX numbers up, profits down

Tuesday brought a good-news, bad-news pairing to those pushing WiMAX as the next-generation wireless broadband standard.

A report released by the market-watchers at Maravedis notes that WiMAX subscriptions during the first quarter of this year were up 75 per cent year-on-year, and now total 3.5 million worldwide users.

On the other hand, the report’s Executive Summary (PDF) states in rather bald language that “LTE is gaining momentum and will be the technology selected by most mobile operators worldwide moving forward.”

• 
  Venture capital keeps getting squeezed as an asset class. The second quarter of 2009 saw the lowest level of capital going into VC funds since the first quarter of 2003, according to the National Venture Capital Association (NCVA)…
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  GPS receivers threatened by smartphones – Remember the PDA? The New York Times says the GPS may be next to be absorbed by the ever-smarter smartphone. The popular TomTom…
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  Online jobs services company Monster Worldwide (NSDQ: MNST) is cutting 160 positions and adding another 80, saying that it needs employees with “different skills and expertise” as it develops new products…

• WiMax Growth Slowing Amid Recession
• The Squeeze Continues: Venture Fundraising Shrinks 82 Percent in Second Quarter
• Sprint to outsource network operations
• Infosys says outlook bad despite profit boost
• Computacenter injects a bit of predictability into revenue mix
• Roundup: GPS receivers threatened by smartphones, Chrome overcoverage continues,
• Monster Worldwide Cuts Staff Size By 80
• Google Is Counting On Big-Name Partners For Chrome OS; HP, Lenovo, Qualcomm Among Others
• Consumer Electronics Sales Recover From Nightmare Q1
• Small Newspapers May Be Able To Prolong Death Longer Than Large Counterparts

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