Da-Chief
05-26-2008, 08:41
http://i.dslr.net/urls/79/4079.gif (http://www.dslreports.com/shownews/Fon-Still-Struggling-To-Be-Relevent-94734)
I've certainly had my doubts about the longevity of FON (http://www.fon.com/en/), the Spanish start-up that aimed to build a global network of one million wireless hotspots by the end of four years. The idea was to convince users to install Fon firmware on their Linksys residential routers, turning them into a unified community of global hotspots and bandwidth resellers. Instead, the company remains stuck in neutral according to the NY Times (http://www.nytimes.com/2008/05/25/technology/25web.html?_r=1&partner=rssyahoo&emc=rss&oref=slogin). Despite $55.2 million in funding, FON has just 340,000 active Wi-Fi hotspots worldwide and loses about $788,000 per month.
read comment(s) (http://www.dslreports.com/shownews/Fon-Still-Struggling-To-Be-Relevent-94734)
More...
I've certainly had my doubts about the longevity of FON (http://www.fon.com/en/), the Spanish start-up that aimed to build a global network of one million wireless hotspots by the end of four years. The idea was to convince users to install Fon firmware on their Linksys residential routers, turning them into a unified community of global hotspots and bandwidth resellers. Instead, the company remains stuck in neutral according to the NY Times (http://www.nytimes.com/2008/05/25/technology/25web.html?_r=1&partner=rssyahoo&emc=rss&oref=slogin). Despite $55.2 million in funding, FON has just 340,000 active Wi-Fi hotspots worldwide and loses about $788,000 per month.
read comment(s) (http://www.dslreports.com/shownews/Fon-Still-Struggling-To-Be-Relevent-94734)
More...