Television

Intel Capital exteds Wimax investments worldwide

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2016/06/30/Untitled-1_15.jpg?itok=jAM696-p

BANGALORE: Intel Capital, the venture capital investment arm of Intel Corporation, announced new Wimax (Wireless Interoperability for Microwave Access) investments today in Orascom Telecom Wimax Limited. Both deals underscore Intel Capital's continuing support for the deployment of low cost broadband internet access through Wimax networks around the world.

Orascom Telecom Wimax Limited is also the first investment from the Intel Capital Middle East and Turkey fund announced in November of 2005.

Both deals are collaborations between Intel Capital and established telecommunications companies which will bring significant experience of network deployment, marketing and operations to the newly formed joint ventures. Orascom Telecom Wimax Limited will focus its efforts on working with governments and companies throughout the Middle East and parts of Asia to obtain suitable spectrum licenses for the deployment of Wimax services.

Enertel Wimax N.V. is targeting the deployment of Wimax services in the Netherlands. In addition to funding and personnel, Enertel is also contributing an existing 3.5 GHz spectrum license to support this new joint venture.

Both new companies will be majority owned by Orascom Telecom and Enertel respectively, with Intel Capital as the lead investor. Intel Capital will also provide access to the significant technical and marketing resources of Intel Corporation.

"Intel Capital is a leader in promoting the deployment of low cost Wimax based internet access" said Arvind Sodhani, president of Intel Capital. "These latest agreements build on the foundation of existing Intel Capital investments to bring the benefits of low cost, high bandwidth internet access to consumers around the world and support the vision of a World Ahead that Intel CEO Paul Otellini outlined earlier this month at the World Congress on Information Technology"

Over the past year, Intel Capital has announced investments in a number of Wimax and wireless broadband service providers around the world including: PIPEX Wireless in the UK, DBD in Germany, Unwired Australia, Neovia in Brazil, and MVSNet in Mexico. Intel Capital has also been active in supporting Wimax infrastructure through investments in Navini, a provider of Wimax base stations and modems and Beceem, a provider of mobile Wimax chipsets.

"We see the creation of this new wireless service provider as an incredible opportunity to provide new services to major cities in the Netherlands," says Enertel executive chairman Cees Meeuwis. "Enertel Wimax N.V.will offer wireless access and services through a wholesale relationship with a number of resale channels. This wireless broadband access service will uniquely complement the existing fixed line Broadband Access services already offered in the Netherlands."

"Orascom Telecom Wimax Limited is an exciting first step towards bringing the advantages and opportunity of internet connectivity to the people of the Middle East, and beyond, many of whom have never had such an opportunity before" says Orascom CEO Franco Grimaldi. "Together with Intel Capital, we will work closely with governments and companies in the Middle East and Asia to make this vision a reality."

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/21/divya.jpg?itok=CNzzoXs2
ALTBalaji appoints Divya Dixit as Senior Vice President, Head of Marketing

Balaji Telefilms has recently been integrating great leadership talent from across the board to spearhead the business and become a powerhouse. Further fortifying its leadership at ALTBalaji - India’s largest platform for original and exclusive digital content, the company announced the appointment...

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/21/dsport.jpg?itok=hnh7hjMh
DSport to broadcast Laver Cup from 21-23 September

DSport will bring live action from the second edition of Laver Cup, a men's tennis tournament between teams from Europe and the rest of the world to be held in Chicago from 21-23 September 2018.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/21/dnpa_0.jpg?itok=cmsK3D6w
India’s top media companies announce formation of Digital News Publishers Association

Amidst a plethora of industry bodies and sectoral alliances in the Rs. 1.5 trillion Indian media and entertainment sector, another such organization today took birth. It has been christened the Digital News Publishers Association (DNPA). 

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/21/raj.jpg?itok=6azkvKHY
Raj Nayak, Janak Sarda to be felicitated by International Advertising Association

At the annual International Advertising Association (IAA) Inspire awards to be held at Bucharest on 2 October 2018 with advertising and marketing leaders from all over the world in attendance, Viacom18 COO Raj Nayak and past president IAA India Chapter will be felicitated with the prestigious "...

Television TV Channels People
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/21/gainers.jpg?itok=AbeuHy2U
Sports most benefited genre in Chrome DM week 37

With a growth of 2.82 per cent as compared to last week (36), the sports genre marked the highest opportunity to see (OTS) among all categories in week 37 of Chrome Data Analytics & Media.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/20/aajtak.jpg?itok=HOxmssOt
Aaj Tak most watched Hindi News channel in 2018

BENGALURU: The most watched Hindi news channel in the Hindi speaking market (HSM)-be it urban (U), rural (R) or combined (U+R) is India Today TV Network’s Aaj Tak during the first 37 weeks of 2018.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/20/karan.jpg?itok=aZEQwRm6
Discovery India head Karan Bajaj calls it a day

There’s change coming at the top at Discovery India. India head Karan Bajaj has decided to move on to pursue his own entrepreneurial venture.

Television TV Channels People
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/20/limelight.jpg?itok=TILqjJce
LIMELIGHT NETWORKS ANNOUNCES LIMELIGHT REALTIME STREAMING

Limelight Networks, Inc. (Nasdaq: LLNW), a leading provider of edge cloud services, today introduced Limelight Realtime Streaming, the industry’s first globally scalable, sub-second live video streaming solution that is natively supported by major browsers and devices.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/20/flix.jpg?itok=A0gKojhV
&flix brings to you a story of guilt and revenge with the premiere of ‘Aftermath’, this Sunday!

When a man loses everything, he is capable of anything. Based on true events, ‘Aftermath’, a drama thriller, is a story of guilt and revenge.

Television TV Channels English Entertainment

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories