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Wednesday, July 28, 2010

Imagine Communications buys Clearwire’s WiMax operation in Ireland

Imagine Communications Group, which is already rolling out '4G' WiMax mobile broadband technology across Ireland, has acquired the Irish operations of US-based rival Clearmax. Imagine expects its WiMax network to cover 90% of Ireland within two years.

Brian O'Donohoe, MD of Imagine Communications Group, said "This is a very significant and strategic deal for us as Clearwire is one of the world's leading 4G operators. Key network and operational assets, as well as a talented technical team, will serve as a solid launch pad for expanding service and making 4G mobile broadband a reality across Ireland."

As part of the transaction, Clearwire will become a minority shareholder of Imagine. Detailed financial details about the deal weren't published.

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Author: The Fonecast
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Categories: Networks and operators, NewsNumber of views: 903

Tags: 4gbroadbandimagineirelandwimax

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