Nokia believes WiMax is dead - LTE is the new standard

Nokias' executive vice president thinks that WiMax era has ended, as the company has shown its interest in LTE, an upcoming standard.

Nokias’ spokesperson told the financial times that the company has decided to leave WiMax as a standard. Anssi Vanjoki, Executive Vice President of New Markets at Nokia said

"I don't think WiMax future is very promising. This is a classic example of industry standards clashing, and somebody comes out as the winner and somebody has to lose,"

Vanjoki put his money on LTE as the future of wireless broadband as most infrastructure providers have shown their keen interest in this technology. However, currently it only hold 26 network operator worldwide.

Vanjoki is quite hopeful that by the start of 2015, LTE network will cover the major share worldwide.