Intel driving UQ with USD43m investment

8 Jun 2009

US microchip manufacturer Intel, an existing investor in Japanese WiMAX start-up UQ Communications along with KDDI and others, has announced that its Intel Capital unit has invested USD43 million in the operator in an effort to ensure the company is successful when it launches commercial services on 1 July 2009. The cash injection will enable UQ Communications to continue the nationwide expansion of its UQ WiMAX service in the country, with the long term goal of providing WiMAX coverage to 90% of Japan by 2012. It is understood Intel is supporting the launch with its Intel WiMAX/Wi-Fi Link 5150 product, an embedded module supporting both wireless LAN and WiMAX technology. A number of PC makers such as Toshiba, Panasonic and Onkyo are launching notebook PCs next month that integrate the module and Intel Centrino 2 processor technology.

Japan, UQ Communications