Aperto Networks, which makes base stations and subscribers units for Wi-Max service providers, has raised another $26-million. Is this a sign Wi-Max is beginning to gain more momentum? There certainly appears to be a lot of interest in the potential of Wi-Max as another "big pipe" to deliver broadband access based on the active involvement of players such as Nortel, Intel and Craig McCaw's Clearwire (which has rolled out its own flavour of Wi-Max). But how far is the hype from the commercial reality? In other words, where does Wi-Max fit into the access ecosystem amid cable, DSL and Wi-Fi networks. Maybe Aperto's financing and the recent launch of the Inukshuk network in Canada are signs that Wi-Max is finally poised to hit its stride. A big question will be whether it encourages more competition in the broadband market so consumers get to benefit from the technology as well.