Post 1008

by billso on Wednesday, 16 June 2004

Tech: From the AP: “Small com­pa­nies, some pub­licly traded, are burn­ing cash try­ing to turn Wi-Fi into viable busi­ness. Some have already shut down. Faster than you can say “indus­try bub­ble,” skep­tics are ask­ing whether wire­less Inter­net con­nec­tions will become sim­i­lar to the wired Inter­net of the late 1990s — hot but rarely prof­itable. “Any­one try­ing to build a stand-alone busi­ness on Wi-Fi access should be wor­ried,” said ana­lyst John Yunker of Byte Level Research. “It’s not a stand-alone busi­ness, it’s an add-on to other com­mu­ni­ca­tions busi­nesses, the cable bill or the DSL bill.””

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