WiMax Operator Open Range Calls It Quits
Open Range Communications has thrown in the WiMax towel and will lay-off most employees and cease accepting new customers. Though the company will continue to service its existing customer base of about 20,000 subscribers, the CEO, Bill Beans, has resigned. The company will reduce its headcount by 122, leaving fewer than 50 employees to run the remainder of the company. Open Range provides WiMax data services in and around the Denver, Colo., area. Earlier this year, it had signed a roaming agreement with LightSquared. It had hoped to transition its services from WiMax to LTE, but the company was simply unable to gain customers fast enough to continue operations.