Re: The new standard is WIMAX!
Quote:
Originally Posted by
NightFireTuning
I didn't even know what WiFi was until just now when I searched "Satelite Internet" on google. Could I get a newbie description of this?
There is alot of information on this at www.wimaxforum.org/home and www.wimax.net. Intel is backing several companies, and you can even buy shares in them if you understand the outlook for wireless data based on the same standard globally, offering access from base stations up to 20-30km away. Not only good for business, geeks, but homes off-grid, off-telco. Think about the fact that alot of telcos rely on landline access fees to be very profitable, and you will understand why Intel & Mitsui & Co have bought shares in Unwired Aust (UNW.ASX). But there are similar companies globally. Yozan Inc (JASDAQ, code:4830?) is a leader in Japan, though behind schedule.
If you are into technical analysis, both companies are making double bottoms. Personally, I like the idea of being able to access the internet anywhere I go....but adequate convenience will not be reached for 2-3 years yet I'd say. But I note...UNW sales revenues are up 90% this year. Still loosing money though.