worldwide interoperability for microwave access
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WiMax stands for Worldwide Interoperability for Microwave Access, and among other things it is expected to be a possible method for pushing broadband Internet access into remote areas.
FORBES: Wireless Standards On The Move
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WiMax (Worldwide Interoperability for Microwave Access) is a high capacity IP-based technology that can be deployed as a new network or as an overlay to existing 2G and 3G wireless technologies.
FORBES: Magazine Article