Intel Capital, Pipex create broadband wireless company in the UK; Companies form PIPEX Wireless to deploy wireless broadband services based on WiMAX technology.

0 Comments | M2 Presswire, April, 2006

M2 PRESSWIRE-3 April 2006-Intel Capital: Intel Capital, Pipex create broadband wireless company in the UK; Companies form PIPEX Wireless to deploy wireless broadband services based on WiMAX technology(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:03042006 LONDON - Intel Capital, Intel's venture capital investment organisation, and PIPEX Communications PLC, a major United Kingdom-based telecommunications provider, announced today that they have jointly formed PIPEX Wireless, a wireless operator which will provide broadband services in major metropolitan areas.

These services are designed to meet the needs of consumers, enterprises and governments for wireless broadband, including citywide "hotspot" wireless access. Intel Capital is investing US$25 million in the...