After the second major economic implosion in less than a decade, companies scramble to stay alive.
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Monumental losses, layoffs, employee buyouts, and lowered forecasts marked a difficult week for telecom, but startups could be the biggest casualties to come.
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Despite credit concerns in the carrier market, investors believe WiMAX, with billions of dollars worth of projects in the pipeline, will soldier on for some time.
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Alliance--which includes Cisco, Alcatel-Lucent, Samsung, Sprint Nextel, and Clearwire--aims to cap costs.
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A well-financed wireless broadband carrier with well-heeled backers motivated to innovate could jolt the WiMAX community out of its inertia.
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Report says established vendors are dominating the emerging wireless market, but don't count out VC-backed WiMAX specialists.
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