Photos: Sprint CEO bets big on WiMax

Gary Forsee, CEO of Sprint Nextel and Ed Zander, CEO of Motorola, fielded questions from analysts and journalists at a press briefing on Tuesday in New York. Sprint announced plans to spend $3 billion over the next two years to build a fourth-generation wireless network using WiMax technology. The wireless operator is partnering with Intel, Motorola and Samsung Electronics to build the network and develop devices that will access the network.