Broadband: News (External)

VC Investments Rising In Russian WiMax Service Providers


Last updated: Mon, 24 Mar 2008 21:50:00 GMT

Source:GigaOM

Russians, like many other emerging telecom markets seem to be quite enamored with WiMAX wireless broadband technology. In past three months, three different WiMAX operators have raised close to $75 million in venture investments. The latest to get a bag full of VC cash is MetroMax, that has raised $20 million from Volga One River [...]

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