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Mexican WiMAX set to receive $700 million investment from MVS, Clearwire & Intel

Twenty-three cities across Mexico are set to benefit from high-speed wireless internet services, thanks to a US$700 million investment from MVS Comunicaciones SA, Clearwire and Intel.

According to Bloomberg, MVS spokesman Felipe Chao confirmed that the network would be active from the second half of 2010; however, the company needs to obtain government approval to renew its licence to operate airwaves required for the initiative.

The Mexico City-based company is a part owner of several communications companies in Mexico, including the Dish Mexico satellite TV service. It may therefore offer video and phone services through WiMAX technology as well as internet access, according to analyst Andres Coello.

Dish Mexico has an existing agreement with the country’s largest telecoms operator, Telefonos de Mexico SAB, to install kiosks in the operator’s stores and provide billing services via Telmex. Although the two companies are now competing in other areas, their partnership will continue, confirmed Chao.

Meanwhile, Clearwire has confirmed that its plans to construct a US network are separate from MVS’s proposed Mexican WiMAX network. The company holds a minority stake in MVS. Similarly, Intel Capital, the investment branch of Intel, has an equity investment in the Mexican operator’s MVS Net Unit.

Clearwire will keep construction of its US network afloat through an investment of $1.56 billion from Sprint Nextel Corp. and Intel, among other investors.

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