Telecom & Wireless

Intel Stays The Course On Wireless

Stocks: (INTC)(ERIC)(VZ)(MOT)

If Intel’s forays into WiFi chips and WiMax technology were not enough, the company has entered into a joint venture with Ericsson to build applications for mobile computuers. The products from the jv will be aimed at trying to increase the number of consumers and businesses that use mobile broadband.

Ericsson saya that "these solutions will be based on Ericsson’s HSPA platform for mobile broadband and IMS platform for convergence with Intel’s Mobile technology". That is a mouthful, but it means that there will be another technology set in the market for driving mobile broadband adoption. Are there going to be too many? It is too early to say.

On the other hand, it is not too early to see that Intel and its partners in the mobile broadband space, which now include Samsung, Motorola, Ericsson and a number of smaller companies, are building technology that could make DSL and cable broadband less attractive. And, that may be bad for the cable guys and telecom firms.

Verizon please phone home.

Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.