Nortel Exits WiMax Business

When Nortel switched from making its own WiMax gear to partnering with Alvarion, they swore up and down they were no less committed to WiMax.

Anybody with sense knew better, and now, everyone does.

This doesn't mean WiMax is dead, although portions of the tech press are of course stampeding towards that conclusion with reckless abandon. It does mean, of course, that many vendors that announced WiMax equipment were doing so to hedge their bets, and many vendors (especially those filing for bankruptcy) cannot afford those hedges anymore.