The CEO of Buzz Broadband just shuttered his WiMAX network and, in a conference in Bangkok, called the technology worthless. He complains that out of line-of-sight with the antenna WiMAX degrades horribly, resulting in network failures. He is now using a number of standards including TD-CDMA to get about 10Mbps and will not be using WiMAX.

Gulp! And we just bought a huge transmitter for the whole family.

Australian WiMAX pioneer trashes technology as “miserable failure” [Commsday]