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Technology Stocks : Siemens
SI 14.31-0.1%3:58 PM EST

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To: Eric L who wrote (298)5/8/2005 5:47:01 AM
From: elmatador   of 356
 
With less than 300 million euro investments in two years about a hundred WiMax radio stations which could bring broadband on the whole country could be installed.

SIEMS: WIMAX CHALLENGE, 300 MILLION FOR EXTRALARGE BAND
(AGI) - Ischia (NA), Italy, May 7 - With less than 300 million euro investments in two years about a hundred WiMax radio stations which could bring broadband on the whole country could be installed. It is a "very broad" band and mobile, which can reach a transmission speed of 70 Mb/s in both directions. Not like the greater part of the already existing 4 million broadband connections which can be considered little more than fast access connections to internet at the most. The management of Siemens Italia, led by Vittorio Rossi, called a meeting in a hotel in Ischia for the leading figures of Italian telecommunications, public and private regional and government's companies, as well as four ministers: Stanca, Baccini, La Loggia and newly appointed Communications Minister Mario Landolfi to set the challenge. This was done by Luigi De Vecchis, Siemens Communications Managing Director, who always believed in this new technology, developed completely by Italian research centres of the German multinational. "WiMax is a mobile broadband wireless technology that can be the final solution to the digital divide problem". (AGI) .

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