WiMAX, a new broadband wireless access technology, is expected to gather strong momentum in the Asia Pacific region with WiMAX services revenues estimated to grow from US$58 million in 2007 to $5.46 billion by 2012, according to the latest report by Springboard Research, an IT research company. This translates to a compounded annual growth rate (CAGR) of 148 percent for the period.

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