Silicon Valley Plans On Re-Inventing Wireless Industry
April 13, 2007 – 3:37 pmby Darren
The wireless industry doesn’t currently conjure up too many images of grandeur right now, but some execs are hoping this could change in the near future. They’re planning on making changes that will help some mighty big new players such as Google and Yahoo really enter the industry.
A start-up backed by Silicon Valley’s power elite hopes to convince regulators to back a business plan that could scrap many restrictions on wireless networks and help Internet service providers like Google Inc. and Yahoo Inc. into the market.
At stake is a chunk of wireless spectrum so valuable that it is being touted as the last opportunity for a new player — such as the start-up Frontline Wireless of Greensboro, North Carolina — to enter the $100 billion U.S. wireless market.
The plans are extremely agressive and far-reaching. You’d have to say the plans are akin to re-doing all of the nation’s highways. The four major players in the mobile industry will have to make way for the changes.
Resource: Reuters
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