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Comcast, Time Warner mull WiMax network

The two cable giants may help fund a national wireless network that would be run by Sprint and Clearwire, reports the WSJ (free AP version here). Google could also provide some funding. Sprint and Clearwire have been working for months in an effort to build a national WiMax network, and they’re trying to raise $3 billion to fund the venture. But what would the cable companies do with the network? “The companies are likely to try to distinguish themselves with advanced mobile data and video services that take advantage of the stockpiles of content they are already adept at licensing,” reports the Journal.

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