Taiwan WiMAX licensee Global Mobile in cooperation talks with Clearwire
Taiwan WiMAX licensee Global Mobile is currently in cooperation talks with US-based WiMAX operator Clearwire with details likely to be revealed later this week, according to Global Mobile.
The two companies are likely to sign a strategic alliance agreement under which Clearwire may commit equity investment in Global Mobile, given that the local WiMAX licensee is scheduled to carry out a capital expansion project during 2009, indicated market watchers in Taiwan.
Global Mobile, which currently has a registered capital of NT$1.13 billion (US$33.4 million), plans to increase its capital by NT$1.1-1.9 billion this year to finance the installment of its WiMAX infrastructure, company chairperson Rosemary Ho said earlier.
Global Mobile is expected to secure a permit from Taiwan's National Communications Commission (NCC) by the end of this month that will enable it to start installing its WiMAX network, said the market watchers.
The two companies are likely to sign a strategic alliance agreement under which Clearwire may commit equity investment in Global Mobile, given that the local WiMAX licensee is scheduled to carry out a capital expansion project during 2009, indicated market watchers in Taiwan.
Global Mobile, which currently has a registered capital of NT$1.13 billion (US$33.4 million), plans to increase its capital by NT$1.1-1.9 billion this year to finance the installment of its WiMAX infrastructure, company chairperson Rosemary Ho said earlier.
Global Mobile is expected to secure a permit from Taiwan's National Communications Commission (NCC) by the end of this month that will enable it to start installing its WiMAX network, said the market watchers.
Posts
No comments: