Seven Network Limited has unveiled plans to build a WiMax-based 4G network in Perth via its new subsidiary, Vivid Wireless, by March 2010.
The NSW Federal Court has reportedly ordered Unwired to pay back the $37 million Intel invested in the wireless telco in August 2005 with interest.
Broadcaster the Seven Network today said it was nearing the end of a review of the technical capabilities of the WiMax network it picked up with its recent acquisition of local wireless internet service provider Unwired.
After months of wrangling and shareholder protests, Seven has finally closed the book on its acquisition of wireless ISP Unwired.
Broadcaster Seven Network has made an off-market cash bid of up to AU$127 million to acquire Unwired in a move designed to guarantee access to a national wireless network.
Seven has made no secret of its expansion ambitions, but buying into pay-TV monolith Foxtel lends even greater clarity to the network's long-term vision. With wireless distribution and solid content channels under its belt, can Seven bring IPTV into the mainstream?
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