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October 17, 2003

Cnn: Broadband wireless spending expected to boom

Broadband wireless access equipment sales are expected to reach $1.5 billion by 2008 as new industry standards kick in, according to a report released Thursday by market research firm ABI.

Approval of the WiMax, or 802.16, broadband wireless standard is one driving force for the anticipated revenue growth. And 802.20 technology, once a standard is set, will serve as the other industry boost, said Edward Rerisi, ABI's research director. WiMax is a fixed wireless standard while 802.20 is a mobile wireless standard. (full story)

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