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3 pts

Opinion on  Comcast Corp (CMCSA)     Sector: Services  >  Industry: Broadcasting & Cable TV
Comcast and Others Invest In WiMax

Jul 09, 2008 03:44 PM UTC
Tigre_bengale__2__-_small
Return Risk
-12.86% LOW
Sr. Analyst

According to The Washington Post, ComcastInteractive Capitalpital, the venture arm of Comcast, has invested an undisclosed amount in a seed round of Cartiza Networks , a Boston-based stealth WiMax startup...the seed round was a big $12.6 million, and investors include Comcast Interactive Capital, Prism VentureWorks and the Business Development Bank of Canada (BDC) ...
Cartiza is developing an Internet Protocol-based "mobile content delivery system" designed to provide "mobile broadband networking, scalable bandwidth and highly sophisticated content management capabilities for voice, data and video."

I think we should be interested in WiMax's projects, the consumers are very interested by this technology and a medium/long time investisment is highly recommanded.


CMCSA:  This call was made on 07/09/08 @ $19.02
Rating:   Positive   $19.02 (07/09/08)
Gain/Loss:   -12.51% in 182 days
Target:   $21.00 (+10.41%) in Three months


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