Cisco Announces Roaming Wi-Fi (CSCO, T, SJR)
Networking giant Cisco Systems Inc. (NASDAQ: CSCO) has announced the development of technology that would permit mobile wireless carriers to more cheaply move the masses of data expected to be sent over existing broadband networks. In its announcement, Cisco said…
Networking giant Cisco Systems Inc. (NASDAQ: CSCO) has announced the development of technology that would permit mobile wireless carriers to more cheaply move the masses of data expected to be sent over existing broadband networks. In its announcement, Cisco said it was already working with AT&T Inc. (NYSE: T), BT, and Shaw Communications Inc. (NYSE: SJR), among others, to deploy the technology.
In practice, this would mean that a mobile wireless user could get data from so-called Next-Generation Hotspots rather than directly from the broadband network. Because the Wi-Fi networks are both smaller and cheaper than the broadband networks, carriers could avoid a situation where they would need to continue making costly upgrades to their broadband networks.
Cisco’s announcement is available here.
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Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
