As Clearwire investors write off billions of dollars, what is the future for WiMAX?

Source: Analysys Mason
Over the last two or three years, WiMAX has gained a strong foothold in developing countries in which there is a need for broadband, but the fixed infrastructure is poor. However, we doubt that the developing market offers sufficient growth potential and size to sustain continued investment from such heavyweights as Cisco Systems, Intel and Motorola without additional sales in the developed markets. But in the developed markets of Europe and the USA, we see some early signs of a difficult future for WiMAX.