Posted: 19th Apr, 2004 By: Keith
The Register and ADSL Guide are reporting that MyZones Hotspot service could be closing down.
That may well be the simple truth. In fact, nobody could deny that the founders were guilty of hype - but nonetheless, the concept behind MyZones is one which many have predicted will eventually drive wireless Internet businesses.
It's a franchise operation, reminiscent of deals like Boingo and Sputnik or iPass and so on; and many believe it's an idea which should work. But it seems MyZones simply didn't have the resources to see if they could make the concept stick. The question which remains unanswered, of course, is why they couldn't get the resources, given the number of wealthy financiers on the MyZones board.More information @
ADSLGuide