Optus is the latest name connected to the ‘Unwired’ wireless race as speculation mounts over a potential counter bid following the Seven Network’s initial offer. It appears that Optus may require the WiMAX technology to assist its ‘Broadband for the Bush’ rollout which could in turn relieve the fixed-line stranglehold that rival Telstra has in place.
Merrill Lynch believes a counter-bid from Optus to Seven’s takeover offer is a “real possibility” because WiMAX is viewed as a strategic asset given that it has the potential to become an alternative to delivering broadband by fixed line and third-generation mobile phones.
Read the entire article at SMH.com.au
