FREEDOM4 & Intel expand UK wireless broadband coverage
Fixed wireless broadband ISP FREEDOM4 (formerly Pipex Wireless), which recently began offering the UKs first commercial WiMAX service in Milton Keynes, has today announced a substantial new investment deal with Intel Corporation. Pipex Communications PLC will also join Intel Capital in this investment, which is aimed at accelerating the deployment of Freedom4's WiMAX based broadband wireless services: "Intel Capital is a major investor in WiMAX technology and is committed to accelerating the deployment of open-standards mobile broadband around the world," said Arvind Sodhani, president of Intel Capital. "FREEDOM4 has built a top-notch management team and this is a strategic investment opportunity through which we can help facilitate the deployment of wireless broadband in the U.K market." Mike Read, CEO, FREEDOM4 adds, "Following the success of the commercial launch of our services in Milton Keynes, we are in the next phase of our development: making FREEDOM4 the market leader in 'personal' wireless broadband access. The investment from Intel Capital and Pipex Communications will facilitate the roll out of a WiMAX network in other cities around the U.K., providing a truly flexible service to businesses and consumers." FREEDOM4 currently covers Milton Keynes, Manchester and Warwick, including some outlying areas. The ISP also offers a Wi-Fi service, which serves over 33,000 global Hotspots - http://www.freedom4wifi.com . Further details about intended coverage will no doubt surface over the coming months.