News from IndustryIntel Capital announces new investment in Orascom Telecom WIMAX

Intel Capital announces new investment in Orascom Telecom WIMAX Limited.AMEInfo. Online May 2006. Intel Capital, the venture capital investment arm of Intel Corporation, announced new WiMAX (Wireless Interoperability for Microwave Access) investment today in Orascom Telecom WiMAX Limited, a joint venture with Orascom Telecom of Egypt. … 'Orascom Telecom WiMAX Limited is an exciting first step towards bringing the advantages and opportunity of internet connectivity to the people of the Middle East, and beyond, many of whom have never had such an opportunity before' said Naguib Sawiris, CEO and Chairman of Orascom. …