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06/11/2009
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Intel is planning to participate in bids invited by Indian state owned telecom equipment maker ITI to set up joint ventures.
 ITI intends to be a minority partner in the proposed joint ventures with a 26% stake according to the bid proposals.
Accoring to The Business Standard newspaper, Intel was interested in making the hardware and consumer premise equipment around WiMAX technology, which provides for wireless transmission of data up to 75 megabytes per second.
Interested parties have been asked to participate before January 29 2010, although the telecoms ministry is holding a pre-bid conference before selecting them.
Other companies that have showed interest include Samsung and Hitachi the paper reported.
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Author
Chris Shaw
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