US Wi-fi network threatened with closure

Have we passed the top of the Wi-fi hype curve?

NEWS A pioneering US public Wi-fi company is facing closure as it struggles to find financial support for its 100 location network. Silicon Valley-based hereUare Communications is in talks with three investors to raise the necessary cash after a bid to raise more funding from existing backers fell flat. hereUare is one of the oldest public Wi-fi networks in the world, but it has been struggling to fund the cost of its installation. The news comes shortly before public wireless LAN becomes legal in the UK on 1 August, with BT, Megabeam and other companies planning significant commercial roll-outs in the UK.

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