WiMAX is back in the headlines again. This technology takes two steps forward and two steps back on Wall Street, thus the pundits in downtown Manhattan have concluded that WiMAX is going nowhere. This is simply isn’t true on Main Street. In the real world it is becoming increasingly apparent that WiMAX is still officially the next big thing in data transfer over broadband networks. Apparently an increasing number of experts are claiming that in the coming months WiMAX will begin to take its rightful place in data transmission.
The announcement by Alvarion (Nasdaq: ALVR) that it would be expanding its product range to 2.3GHz and 2.5GHz, caused quite a stir in the wireless communications world, since the 2.5GHz spectrum is the only one currently approved by the Federal Communications Commission [FCC].
According to the team at online newsletter “The Bull Market Report” (subscription required) which recently reviewed WiMAX, Alvarion stands to benefit from the developments, and in particular from the competition that Intel Corporation (Nasdaq: INTC) will face from Philips’ new subsidiary. The “Bull Market” team believe that Alvarion and Sprint Nextel Corp (NYSE: S) are two companies in the wireless field that are worth watching next year.