Rupert Murdoch, chairman and CEO of News Corp, has announced the group’s DirecTV satellite television arm is close to deciding a strategy on how to enter the wireless high-speed internet market, with a plan due within two months.
And it looks like they are willing to bet big and spend over $1bn to lay the infrastructure. They'll need to and fast or they'll bleed customers even quicker to nimble cable companies and fibre optic telco's offering triple plays.
It looks like DirecTV may even be one of the early players to bet on Wimax. It could be a shrewd move. Wow, News Corp and Murdoch are really getting aggressive about the internet. And so they should!
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