WiMax stands for Worldwide Interoperability for Microwave Access, and among other things it is expected to be a possible method for pushing broadband Internet access into remote areas.

FORBES: Wireless Standards On The Move

WiMax (Worldwide Interoperability for Microwave Access) is a high capacity IP-based technology that can be deployed as a new network or as an overlay to existing 2G and 3G wireless technologies.

FORBES: Magazine Article